Nonna Annalise

Spring Budget 2024 Stamp Duty Vic. A bill to reform stamp duty on commercial properties has passed parliament. The victorian government’s proposal to progressively abolish land transfer duty (stamp duty) on commercial and industrial property received royal assent on 21 may 2024.

Commercial and industrial property is moving from land transfer duty (also known as stamp duty) and landholder duty to an annual property tax known as the commercial and. Taxpayers can pay the final stamp duty.