Buyer Stamp Duty BSD

Buyer Stamp Duty calculation ( BSD ) 

The Buyer Stamp Duty ( BSD ) is 3% for property below $1million and 4% for above $1Million. 

Calculation for property below $1Million:

$1,000,000 x 3% -$5400 = $24,600

Calculation for property above $1Million:

$1,500,000 x 4% -$15,400 = $44,600