Home > TRO Budget > 2005-06 Budget

2005-2006 Northern Territory Budget

Key Revenue Measures

 

	-	The stamp duty First Home Owner Concession is to increase to a maximum of $6 800 from 3 May 2005.
	-	The period of time to lodge and pay stamp duty on eligible conditional agreements is to be extended.
	-	Electronic debit transaction duty to be abolished from 1 July 2005.
	-	The stamp duty family farm exemption is to be extended to a broader range of primary production businesses and family entities from 3 May 2005.
	-	Refunds of stamp duty for "contingent" consideration  not paid.

For a summary of all  measures, click here.

As a result of the 2004/05 Budget measures, the payroll tax threshold is to increase from $800 000 to $1000 000 from 1 July 2005.