Stamp duty is collected by Roads and Maritime Services on behalf of the Office of State Revenue when registration is issued to a different person or corporation. Stamp duty is based on the market value of the vehicle or the price you paid, whichever is greater.
Stamp duty is calculated at:
- 3% of the market value up to $45,000
- 5% on the value over $45,000.
Note: Trucks, trailers and plant vehicles pay $3 per $100, whatever their market value.
For example, the stamp duty for a light vehicle with a market value of $50,000 is calculated as:
|1.||Stamp duty on $45,000 at 3%||=||$||1,350|
|2.||Stamp duty on $5,000 at 5%||=||$||250|
|3.||Total stamp duty||=||$||1,600*|
You can use this method to calculate the amount of stamp duty payable for your vehicle, or you can visit the Office of State Revenue website and select the 'Calculators' link on the right-hand side.
Please note that as of 1 July 2009, caravans and camper trailers are exempt from stamp duty. For further information please visit the Office of State Revenue website.
Effective on and from 29 October 2012, new heavy trailers registered in NSW are exempt from paying stamp duty.
The stamp duty exemption applies to the initial NSW registraton of new heavy trailers and excludes transfers from other jurisdictions.
For the purposes of this exemption heavy trailers are defined as:
- Trailers with a Gross Vehicle Mass more than 4.5 tonnes.
- Trailer means a vehicle that is built to be towed, or is towed, by a motor vehicle but does not include a motor vehicle that is being towed.
* This example is indicative only and does not represent any of the exemptions or concessions available. For more information, contact Roads and Maritime Services by email or by calling 13 22 13.