The general rate of duty applies to most dutiable transactions not relating to residential land, (such as commercial property, rural property that is not also used as residential property, and vacant land which does not qualify for the residential rate) and is assessed on the dutiable value of the transaction.
| DUTIABLE VALUE | DUTY THRESHOLDS |
|---|---|
| $0 – $80,000 | $1.90 per $100 or part thereof |
| $80,001 - $100,000 | $1,520 + $2.85 per $100 or part thereof above $80,000 |
| $100,001 – $250,000 | $2,090 + $3.80 per $100 or part thereof above $100,000 |
| $250,001 – $500,000 | $7,790 + $4.75 per $100 or part thereof above $250,000 |
| $500,001 and upwards | $19,665 + $5.15 per $100 or part thereof above $500,000 |