Question
What is the difference between stamp duty and the registration fee?
Answer
Bottom line: Stamp duty is a tax on the document; the registration fee is a separate charge to register it.
1. Stamp duty
Levied under the Stamp Act as a percentage of the property value.
2. Registration fee
Charged under the Registration Act (often about 1%) to enter the document in the public record.
3. Both apply
Each is payable to complete a property transfer.
Estimate both with our Stamp Duty Calculator.
This answer is general information based on the law as it stood when written and is not professional advice on your specific situation. Verify the current position and consult a qualified professional before acting. See our disclaimer.
