57JRates of duty for certain PPR transfers

57J Rates of duty for certain PPR transfers The rate of duty chargeable on a PPR transfer where the dutiable value of the dutiable property is not more than $550 000 is chargeable to the nearest whole dollar of the amount determined as follows, or if that amount is an amount of dollars and fifty cents, to the nearest whole dollar below that amount— S. 57J (Table) substituted by Nos 31/2008 s. 9(2), 28/2017 s. 10(3). | **Item** | **Dutiable value of the dutiable property** | **Rate of duty** | | 1 | Not more than $25 000 | 1⋅4% of the dutiable value | | 2 | More than $25 000 but not more than $130 000 | $350 plus 2⋅4% of that part of the dutiable value that exceeds $25 000 | | 3 | More than $130 000 but not more than $440 000 | $2870 plus 5% of that part of the dutiable value that exceeds $130 000 | | 4 | More than $440 000 but not more than $550 000 | $18 370 plus 6% of that part of the dutiable value that exceeds $440 000 | Note to s. 57J inserted by No. 28/2011 s. 6(3), amended by Nos 41/2013 s. 17, 69/2013 s. 9, substituted by No. 28/2017 s. 10(4). A PPR transfer where the dutiable value of the dutiable property is more than $550 000 is chargeable with duty at the rate set out in section 28(1), subject to any exemption or concession. S. 57JA (Heading) amended by No. 50/2024 s. 18(1). S. 57JA inserted by No. 28/2011 s. 7, substituted by Nos 41/2013 s. 18, 28/2017 s. 11. 57JA First home buyer exemption or concession on PPR transfers (1) A transferee is entitled to an exemption from duty under this Chapter in respect of a PPR transfer if— S. 57JA(1)(a) substituted by No. 50/2024 s. 18(2). (a) the requirements specified in section 57JB are satisfied at the time of the transfer; and (b) the dutiable value of the dutiable property the subject of the PPR transfer is not more than $600 000. (2) A transferee is entitled to a concession from duty under this Chapter in respect of a PPR transfer if— S. 57JA(2)(a) substituted by No. 50/2024 s. 18(3). (a) the requirements specified in section 57JB are satisfied at the time of the transfer; and (b) the dutiable value of the dutiable property the subject of the PPR transfer is more than $600 000 but not more than $750 000. S. 57JA(3) amended by No. 67/2017 s. 6. (3) For the purposes of subsection (2), the concessional amount of duty payable is an amount calculated in accordance with the formula— ![]()![]() **B** is the amount of duty paid or payable (but for this section) on the PPR transfer. S. 57JB inserted by No. 28/2017 s. 11, amended by No. 47/2020 s. 9(2) (ILA s. 39B(1)). 57JB Requirements—first home buyers S. 57JB(1) amended by Nos 47/2020 s. 9(1)(a), 50/2024 s. 19(1)(a). (1) For the purposes of section 57JA, the first requirement is that a first home owner grant— S. 57JB(1)(a) amended by Nos 22/2021 s. 19(1), 50/2024 s. 19(1)(b). (a) is paid or payable under section 7 of the **First Home Owner Grant and Home Buyer Schemes Act 2000** in respect of the PPR transfer; or S. 57JB(1)(b) amended by Nos 22/2021 s. 19(1), 50/2024 s. 19(1)(b). (b) would be payable under section 7 of the **First Home Owner Grant and Home Buyer Schemes Act 2000** in respect of the PPR transfer except that any of the following apply in relation to the PPR transfer— (i) the home the subject of the PPR transfer is not a new home within the meaning of that Act; S. 57JB (1)(b)(ii) amended by No. 47/2020 s. 9(1)(b). (ii) the PPR transfer does not meet the requirement in section 13(1A) of that Act; or S. 57JB(1)(c) inserted by No. 47/2020 s. 9(1)(c), amended by No. 22/2021 s. 19(1). (c) in the case of land referred to in section 57H(1)(b), would be payable under section 7 of the **First Home Owner Grant and Home Buyer Schemes Act 2000** if— (i) at the date of the transfer, there was a new home on the land; and (ii) section 12 of that Act did not apply. S. 57JB(2) inserted by No. 47/2020 s. 9(2), substituted by No. 50/2024 s. 19(2). (2) For the purposes of section 57JA, the second requirement is that— (a) if the transferee is acting in their personal capacity, the transferee or their partner (if any) has not received an exemption or concession under that section in relation to an earlier transfer; or (b) if the transferee is a guardian on behalf of a person under a legal disability— (i) the person under a legal disability or their partner (if any) has not received an exemption or concession under that section in relation to an earlier transfer; and (ii) no guardian has previously received, on behalf of the person under a legal disability, an exemption or concession under that section in relation to an earlier transfer; or (c) if the transferee is a trustee of a special disability trust on behalf of the principal beneficiary of that trust— (i) the principal beneficiary or their partner (if any) has not received an exemption or concession under that section in relation to an earlier transfer; and (ii) no trustee has previously received, on behalf of the principal beneficiary, an exemption or concession under that section in relation to an earlier transfer. S. 57JB(3) inserted by No. 24/2025 s. 8. (3) The requirement specified in subsection (2)(a) does not apply to a transferee or a transferee's partner if that person received an exemption or concession under section 57JA in relation to an earlier transfer and that person— (a) does not reside in the home the subject of the earlier exemption or concession because another person subjected the person or the person's family member to family violence; and (b) has not received and will not receive any financial benefit from the home to which the earlier exemption or concession relates. ***family violence*** has the same meaning as in section 4 of the **Family Violence Protection Act 2008**. S. 57K inserted by No. 86/2006 s. 3.