Appendix 4

Appendix 4

Timetable for the abolition of state taxes

Source: Table E1, Appendix E: Timetable for the abolition of state taxes, Budget Paper No.3: Federal Financial Relations 2007–08, www.ato.gov.au/budget/2007-08/bp3/html/bp3_main-12.htm (accessed 5 September 2008).

Timetable for the abolition of state taxes(a)

 

NSW

VIC

QLD

WA

SA

TAS

ACT

NT

2000–01

Accommodation tax

Lease duty (26 April 01)

 

 

 

 

 

Accommodation tax

2001–02

Financial institutions duty, quoted marketable securities duty, debits tax (1 Jan 02)

Financial institutions duty, quoted marketable securities duty

Quoted marketable securities duty

Financial institutions duty, quoted marketable securities duty

Financial institutions duty, quoted marketable securities duty

Financial institutions duty, quoted marketable securities duty

Financial institutions duty, quoted marketable securities duty

Financial institutions duty, quoted marketable securities duty

2002–03

 

Non-quoted marketable securities duty

 

 

 

Lease duty, non-quoted marketable securities duty, rental duty

 

 

2003–04

 

 

 

Non-quoted marketable securities duty (1 Jan 04), cheque duty (1 Jan 04), lease duty (1 Jan 04)

Mortgage duty for eligible first homebuyers (27 May 04)

 

 

 

2004–05

 

Mortgage duty

Credit card duty (1 Aug 04)

 

Lease duty, cheque duty

 

 

 

2005–06

 

Debits tax

Debits tax, lease duty (1 Jan 06), credit business duty (1 Jan 06)

Debits tax

Debits tax, part of mortgage duty (1 Jan 06)

Debits tax

Debits tax

Debits tax, electronic debits tax

2006–07

 

Rental duty (1 Jan 07)

Hire duty (1 Jan 07), non-quoted marketable securities duty (1 Jan 07)

50 per cent mortgage duty, rental duty (1 Jan 07)

Other minor duties

50 per cent mortgage duty

Non-real non-residential conveyance duty

Non-quoted marketable securities duty, lease duty

2007–08

Rental duty, lease duty (1 Jan 08)

 

50 per cent mortgage duty (1 Jan 08)

 

33 per cent of remaining rental duty and mortgage duty

Mortgage duty

Rental duty

Rental duty

2008–09

Non-quoted marketable securities duty (1 Jan 09)

 

Mortgage duty (1 Jan 09)

Mortgage duty

67 per cent of remaining rental duty and mortgage duty

Non-real non-residential conveyance duty

 

 

2009–10

50 per cent mortgage duty (1 Jan 10)

 

50 per cent non‑real non‑residential property conveyance duty (1 Jan 10)

 

Rental duty, mortgage duty, 50 per cent non‑real non‑residential conveyance duty, 50 per cent non-quoted marketable securities duty

 

Lease duty

Non-real non‑residential conveyance duty

2010–11

Mortgage duty (1 Jan 11)

 

Non-real non‑residential conveyance duty (1 Jan 11)

Non-real non‑residential conveyance duty

Non-real non‑residential conveyance duty, non-quoted marketable securities duty

 

Non-quoted marketable securities duty

 

2011–12

 

 

 

 

 

 

 

 

2012–13

Non-real non‑residential conveyance duty

 

 

 

 

 

 

 

a.                    Abolition is in full and effective on 1 July unless otherwise specified.

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