Stamp Duty

Buyer’s Stamp Duty

Purchase Price or Market Value of the PropertyBSD Rates for Residential PropertiesBSD Rates for Non-Residential Properties
First $180,0001%1%
Next $180,0002%2%
Next $640,0003%3%
Remaining Amount4%

Example:

If a property costs $1.5 million, the following table below illustrates the calculation of Buyer Stamp Duty:

Purchase Price or Market Value Percentage Stamp Duty Amount
First $180,000 1% $1,800
Next $180,000 2% $3,600
Next $640,000 3% $19,200
Remainder $500,000 4% $20,000
Total Buyer Stamp Duty $44,600

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