Stamp Duty on Transfer of Units in a Unit Trust Owning Qualifying Land

Stamp duty will not apply to transfers pursuant to contracts entered into on or after 1 July 2018

**Qualifying Land means land that is being used other than for residential purposes or for primary production as defined in Section 50 of the 2015 Budget Act (and as proposed by Section 71DC of the SDA). The Commissioner will generally rely on land use codes to determine whether he considers land to be residential or primary production land. The land use codes within the following Land Use Code (LUC) headings will be taken to be Qualifying Land:

• Commercial (LUC 2000-2990)
• Industrial (LUC 3100-3909)
• Vacant Land (with some exceptions) (LUC 4110-4600)
• Institutions (LUC 5100-5990)
• Public Utilities (LUC 6100-6990)
• Recreation (LUC 7100-7900)
• Mining and Quarrying (LUC 8100-8409)

The following land use codes are NOT considered by the Commissioner to be Qualifying Land:

• Residential (with some exceptions) (LUC 1100-1999)
• Primary Production (LUC 9100-9990)
• Vacant Land - Urban (LUC 4100)
• Vacant Land with minor improvements - Urban (LUC 4101)
• Vacant Land - rural residential (LUC 4150)
• Vacant Land with minor improvements - Rural Living (LUC 4151)

This calculator is intended as a guide only to assist you in calculating the amount you may have to pay. The State of South Australia takes no responsibility for any incorrect information, or any discrepancy between the information provided on this web site and that appearing in any notice issued pursuant to the relevant Act, or any loss incurred as a result of reliance on the information or program of this web site.