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Stamp Duty is the duty paid to the government on the market value of the property and the registration fee is the process fee charged by the concerned authority.

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Who should pay the Stamp duty for Loan Agreement - Bank or Loan applicant - Why?

The Home buyer has to pay a certain amount of money as stamp duty on the loan amount, which is known as stamp duty loan. Percentage of stamp duty loan depends on the value of the residential property that the buyer is buying. Paying stamp duty is compulsory while purchasing a residential property as its registration.


Can the stamp duty and registration charges for registered mortgage be shared with the owner?

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Assuming you are Talking in £'s sterling. It must be £1700.00 Stamp duty is 1% on Values between £125001.00 and £250000.00


What is the difference between stamp duty and custom duty?

Stamp duty is a tax imposed on legal documents, typically related to the transfer of property or certain transactions, and is often calculated based on the transaction value. Custom duty, on the other hand, is a tax levied on goods imported or exported across international borders, aimed at regulating trade and generating revenue for the government. While stamp duty is related to specific legal transactions within a country, custom duty pertains to international trade and the movement of goods.


Can you claim stamp duty for tax?

You can claim stamp duty for tax because when purchasing property, stamp duty is only included in its cost base.


When is stamp duty applied?

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What is the stamp duty on scripless shares in Singapore?

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How can one determine the stamp duty in NSW?

One can determine the stamp duty in NSW using a special calculator. It calculates the stamp duty after entering the amount borrowed as well as the purchase price.