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Rates of duty

These are the current rates. See also previous rates.

Transfer

Transfer duty is calculated on the dutiable value of a transaction. Generally, this is the greater of the consideration paid for, or the unencumbered value of, the property acquired.

See home concession rates if you are claiming a home, first home or first home vacant land transfer duty concession.

Use our transfer duty and grants estimator to get an idea of how much duty you will pay.

These rates apply to the transfer of dutiable property, including land, taxi and limousine licences, and other business assets.

 Dutiable value  Duty rate
Up to $5,000  Nil
$5,000 to $75,000  $1.50 for each $100, or part of $100, by which the dutiable value is more than $5,000
$75,000 to $540,000 $1,050 plus $3.50 for each $100, or part of $100, by which the dutiable value is more than $75,000
$540,000 to $1,000,000  $17,325 plus $4.50 for each $100, or part of $100, by which the dutiable value is more than $540,000
More than $1,000,000  $38,025 plus $5.75 for each $100, or part of $100, by which the dutiable value is more than $1,000,000

Transfers of mortgage

Duty is $5 for a transaction that is the transfer, or agreement for transfer, of an existing right of a holder in:

  1. a mortgage solely over land in Queensland

    or

  2. another mortgage that is incidental to, and transferred in connection with (1) above, where that mortgage is a principal security.

Note: Mortgage duty was abolished in Queensland on 1 July 2008. However, transfers of mortgages still attract transfer duty.

Landholder & corporate trustee

 Dutiable value  Duty rate
Up to $5,000  Nil
$5,000 to $75,000  $1.50 for each $100, or part of $100, by which the dutiable value is more than $5,000
$75,000 to $540,000 $1,050 plus $3.50 for each $100, or part of $100, by which the dutiable value is more than $75,000
$540,000 to $1,000,000  $17,325 plus $4.50 for each $100, or part of $100, by which the dutiable value is more than $540,000
More than $1,000,000  $38,025 plus $5.75 for each $100, or part of $100, by which the dutiable value is more than $1,000,000

Insurance

General insurance (premium paid on or after 1 August 2013 for a contract entered into on or after that date):

  • Class 1 general insurance—9% of the premium paid (including GST)
  • Class 2 general insurance—9% of the premium paid (including GST).

Class 1 general insurance is general insurance other than CTP or Class 2 general insurance.

Class 2 general insurance is general insurance for, or relating to, professional indemnity, a motor vehicle (other than CTP insurance), a first home mortgage, a life insurance rider or personal injury relating to aircraft travel.

General insurance (before 1 August 2013):

  • Class 1 general insurance—7.5% of the premium paid (including GST)
  • Class 2 general insurance—5% of the premium paid (including GST).

Life insurance:

  • on a contract of temporary or term life insurance—5% of the first year's premium
  • on another contract of life insurance
    • for a sum insured up to $2000—0.05% of the sum insured
    • for a sum insured over $2000
      • 0.05% of the first $2000

        and
      • 0.1% of the balance of the sum insured.

Compulsory third party (CTP) insurance—10c.

Accident insurance—5% of the net premium.

Vehicle registration

Special vehicles

The duty on special vehicles is $25. 


All other vehicles 

Type of vehicle  Amount of duty for each $100, or part of $100, of the vehicle's dutiable value
  • Hybrid vehicle (any number of cylinders)
  • Electric vehicle
 $2.00
  • Vehicle with 1 to 4 cylinders
  • Vehicle with 2 rotors
  • Steam vehicle
 $3.00
  • Vehicle with 5 or 6 cylinders
  • Vehicle with 3 rotors
 $3.50
  • Vehicle with 7 or more cylinders
 $4.00

For a vehicle not previously registered, the dutiable value is the total of the vehicle's list price and the price of all items of optional equipment not included in the list price.

For a vehicle previously registered, or a vehicle with no list price, the dutiable value is the greater of either the market value or the total consideration payable for the vehicle.

Frequently asked questions

Who is liable to pay transfer duty?

All parties to a transaction are liable to pay transfer duty. In most cases, this duty is paid by the purchaser.

If duty is not paid by the due date, we will issue a final demand to the party who received the assessment notice. If the duty remains unpaid, we will inform all parties to the transaction that duty must be paid. We may also bring legal proceedings against all parties to recover the debt.

Do I have to pay duty when I buy a boat?

If the boat is sold by itself, it is not subject to duty.

If the boat is sold as part of a package that includes other property on which duty is payable, such as a fishing business, it may be subject to duty.

See sections 29 and 37(3) of the Duties Act 2001.

Will I pay duty on the purchase of newly granted 'off the plan' management rights?

No. The grant of new management rights is not considered to be a 'new right' for the purposes of section 9(1)(f) of the Duties Act 2001. Any interest in land acquired with the rights will be dutiable as well as any subsequent purchase or transfer of the management rights.

If a dutiable property is transferred from a partnership to a company whose shareholders are the partners, is duty still payable?

Yes, the transaction is still a dutiable transaction.

When determining land value, is an easement or an electricity encumbrance on land (voltage lines) considered an encumbrance?

No. For the purposes of duties, these are not encumbrances and are taken into account when determining the value of the land. See sections 11(7) and 14(1) of the Duties Act 2001.