OFFSHORE
refund of these surcharges paid historically . Such persons may be exempt from the imposition of future foreign surcharges .
Imposition of FSPD and SLT by each state or territory government
Kathryn Bertram and Annemarie Wilmore are Tax Partners at Johnson Winter Slattery , a national commercial law firm in Australia . They can assist investors to determine whether they may be eligible for a refund or to make a claim , including for the period prior to 1 January 2021 in NSW and in other states .
Rates of foreign surcharge duty
State |
Foreign surcharge purchaser duty |
Surcharge land tax |
ENQUIRE NO |
Victoria 8 %
2 % 4 % ( from 1 January 2024 )
NSW 8 % 4 % Queensland 7 % 2 %
SA 7 % �
Tasmania
Residential ( 8 %) and primary production ( 1.5 %)
2 %
ACT � 0.75 % WA 7 % � NT � �
Annemarie Wilmore Partner Johnson Winter Slattery Annemarie . Wilmore @ jws . com . au
Joh
K
Kathr
127 JULY / AUG 2023 SA Real Estate Investor Magazine