| Surcharge Purchaser Duty (SPD) | Surcharge Land Tax (SLT) | |
|---|---|---|
| Payment Frequency | One-time | Annually (Recurring) |
| Ordinary Resident | 200 days within 365 days before the Liability Date | 200 days within 365 days before the current Land Tax Date |
| Exempt Permanent Resident | 200 consecutive days within 365 days after the Liability Date | 200 consecutive days within 365 days after the previous Land Tax Date |
| cut-off date | Liability Date: Date of Contract of Sale | Land Tax Date: December 31st |
| Rate | This property’s price: 9% | All residential properties: 5% |
Leave a Reply