Extension of exemption from stamp duty for rural property
- On the 11th of April 2017 an amendment was made to the NSW Duties Act which extended the stamp duty exemption on a transfer of the family farm to now include a transfer from a self-managed super fund to an individual family member.
- Previously the exemption was not available on a transfer from a self-managed super fund to the family member.
- The eligibilty conditions required for the exemption have not changed.
If you require any further information or clarification of the above please don’t hesitate to contact one of our commercial team members at Webb and Boland .
Moree Office: (02) 6752 2244
Narrabri Office: (02) 6792 1877
Disclaimer. This publication contains general information which may not suit your particular needs or circumstances. Webb and Boland Lawyers strives to ensure that the information in this publication is accurate and up-to-date, but does not represent or guarantee that it is accurate, reliable, current, complete or suitable. The information in this publication is not legal or other professional advice. To the maximum extent permitted by law, Webb and Boland Lawyers excludes liability for any loss, however caused (including by negligence), relating to or arising directly or indirectly from using or relying on any content in this publication.