Stamp Duty

Buyer’s Stamp Duty

Purchase Price or Market Value of the PropertyBSD Rates for Residential PropertiesBSD Rates for Non-Residential Properties
First $180,0001%1%
Next $180,0002%2%
Next $640,0003%3%
Remaining Amount4%

Formula for purchases above $360,000:

3% of purchase price less $5400

 

Formula for purchases above $1,000,000:

4% of purchase price less $15400

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