Pay QLD transfer duty on residential property
QLD transfer duty progressive; foreign acquirer additional duty 7%.
highcurrentevent driven
Who must comply
Purchasers of QLD dutiable property.
What triggers it
Property acquisition / transfer.
When due
Within 30 days of settlement.
Evidence required
Lodged duty documents; settlement records.
Max penalty
Interest + penalty tax
Summary
Duties Act 2001 (Qld). Transfer duty progressive up to 5.75% above $1M. Foreign Acquirer Duty 7%. First home concession + home concession for owner-occupiers.
Enforced by
Source legislation
Topics
taxdutiesstateqldresidential
Source: https://qro.qld.gov.au/duties/transfer-duty. Rules Mate is not a law firm. Always verify against the live regulator source before acting.