Calculate stamp duty
Interactive practice questions
You are given that the NSW car stamp duty rate is calculated as:
"3% of the car’s market value up to $\$45000$$45000 PLUS 5% of the car’s market value that exceeds $\$45000$$45000".
Find the stamp duty levied on a car worth:
$16000?
$59000?
$64000?
$97000?
Stamp duty is $\$3$$3 for every $\$100$$100 (also $\$3$$3 for the remaining part that's less than $\$100$$100) of the purchase price of a small car. What is the stamp duty on a small Hyundai with a purchase price of $\$22120$$22120?
If stamp duty on a vehicle is $\$80$$80 for the first $\$5000$$5000 of the purchase price plus $5%$5% for every dollar over $\$5000$$5000, calculate the stamp duty payable on a vehicle with a purchase price of:
Stamp duty charges on vehicles in one state of Australia are shown in the graph.