Notice of Adjusted Amounts Under Section 33af of Duties Act 1997 (NSW)

DUTIES ACT 1997

Notice of Adjusted Amounts Under Section 33AF

The adjusted amounts, base amounts and premium base amount determined in accordance with Chapter 2 Part 3 Division 3 and to apply from 1 July 2020 are as follows.

Scott Johnston

Chief Commissioner of State Revenue

Date: 06/05/20

Schedule 1

Column 1	Column 2	Column 3	Column 4	Column 5
Threshold range	Minimum	Maximum	Base Amount	Fixed rate
threshold	threshold
amount	amount
1	$0	$14,000	$0	$1.25 for every $100 (or part) of
the dutiable value
2	$14,000	$31,000	$175	$1.50 for every $100 (or part) by which the dutiable value exceeds
the minimum threshold amount
3	$31,000	$83,000	$430	$1.75 for every $100 (or part) by which the dutiable value exceeds
the minimum threshold amount
4	$83,000	$310,000	$1,340	$3.50 for every $100 (or part) by which the dutiable value exceeds
the minimum threshold amount
5	$310,000	$1,033,000	$9,285	$4.50 for every $100 (or part) by which the dutiable value exceeds
the minimum threshold amount
6	$1,033,000	—	$41,820	$5.50 for every $100 (or part) by which the dutiable value exceeds
the minimum threshold amount

The dutiable value at which the premium rate under s.32A(1) applies is $3,101,000

The premium base rate under s.32A(2) is $155,560

Published LW 19 June 2020 (2020 No 280)