Minggu, 28 Juni 2020

New calls for stamp duty reforms. Are you paying too much?

The car industry has renewed calls for states and territories to standardise motor vehicle stamp duties across Australia – as figures show the cost varies from $360 to $1500 on an identical $35,000 family car. Stamp duty is a state tax and one of the many charges that is bundled within on-road costs for both new and used cars. On cars that cost $100,000, the stamp duty can vary from $3400 in one jurisdiction to $7900 in another.

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