Hi guys,
I created an excel workbook to help me calculate all of the numbers for a property and my stamp duty calculations are coming out $100 less than all the online ones.
Im in Vic so this is what I used for my calculator. http://www.sro.vic.gov.au/sro/SROna...07AFC77-33F164285C8F118CCA2576EE007E3927?open
By my calculations the stamp duty payable on $450,000 is $18870 ($2870 + 5% of 320,000)
But the online calculators all say its $18970.
Does anyone else get the same figure as me or all the online calculators wrong? (unlikely)
Cheers
AC
I created an excel workbook to help me calculate all of the numbers for a property and my stamp duty calculations are coming out $100 less than all the online ones.
Im in Vic so this is what I used for my calculator. http://www.sro.vic.gov.au/sro/SROna...07AFC77-33F164285C8F118CCA2576EE007E3927?open
By my calculations the stamp duty payable on $450,000 is $18870 ($2870 + 5% of 320,000)
But the online calculators all say its $18970.
Does anyone else get the same figure as me or all the online calculators wrong? (unlikely)
Cheers
AC