JoolsB

Hi Can anyone tell me when stamp duty is paid-at time of sale? or within 3 months after purchase. Similarly hen is the 1st time buyers grant paid over-at time of sale or after? Or is it offset against the stamp duty at time of sale.

Cheers

chrispy

Hi,
I think stamp duty is paid at the time of sale and the ist time buyers grant has to be paid afterwards as you need to have title deed information to claim it...

Cheers

Chris

Munchmel

Hi, we settle in 2 weeks and were told stamp duty paid at time of sale, and homebuyers grant would be ready to collect from solicitors on settlement date!! Thought this might be too good to be true..heres hoping though. ANZ were the ones who told us.

Wendy

Depends which state you're in I guess. We got ours on the same day as we settled, and it was knocked off the total amount of the sale by the conveyancor (that's SA).

JoolsB

Thanks guys This sounds promising! Was hoping it would all happen at same time. Anyone in Victoria able to confirm?

ozbound2

I bought in January in Perth. Had to pay stamp duty over to conveyancer a couple of days before completion, and grant came in afterwards

JoolsB

Def sounds like it differs state to state-anyone in Vic pls advise..

Kapri

How much is stamp duty in Victoria?

jce

yep. Often the lending institution will claim the first time grant on your behalf and its then available at settlement. Stamp duty is payable at settlement as well.

gavstrad

This may help...

Victorian Government First Home Owner Grant:
http://www.sro.vic.gov.au/sro/sroweb...es_fhog.htm#11

Duties Act - Land Transfer
http://www.sro.vic.gov.au/sro/sroweb...20transfer.htm

Stamp Duty Calculator
http://www.barryplant.com.au/finance.html

Gav