stamp duty nsw

From: Macca --


i am just about to exchange on a 12 month settlement. What is the maximum time i can delay stamp duty payment? Are there any angles to delay and does anyone know what are the penalties if you dont pay by the required date
 
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Reply: 1
From: Rolf Latham


Hi Macca

A client of mine recently used an option to delay the buyer having to pay Stamp Duty and and the Vendor having to pay CGT.

Ta

Rolf
 
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Reply: 1.1
From: Yuch .


Hi Macca,

You can pay your stamp duty within 3 months of settlement.

Regards
yuchun
~ The secret to success is to start from scratch and keep on scratching. ~
 
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Reply: 1.1.1
From: Shelly R



Yuchun,does it make any difference to your
lender when you pay stamp duty?
A friend took the 3 months to pay but he did not borrow to buy.
Cheers Shelly
 
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Reply: 1.1.1.1
From: Yuch .


Hi Shelly,

Stamp duty is paid to the Office of State Revenue (OSR) of your state. Your lender doesn't get involved at all.

Hope this helps.


Regards
yuchun
~ The secret to success is to start from scratch and keep on scratching. ~
 
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