No stamp duty payable on electric vehicle purchases

The NSW Government will reimburse stamp duty paid on eligible new and used EVs purchased up to $78,000 (dutiable value) in NSW.

The NSW Government will reimburse the stamp duty paid on purchases of new or used battery electric and hydrogen fuel cell vehicles that cost up to $78,000 (dutiable value). This will put up to $3,000 back into the pocket of EV purchasers.

We know that the upfront cost is a major deterrent for many people considering buying an EV. The abolition of stamp duty, along with the NSW Government’s significant rebate, will save new EV purchasers up to $5,540.

If you register an eligible vehicle from 1 September 2021, you can claim back your stamp duty. 
Click here to download guidelines (PDF, 200.38 KB)

 

Electric Vehicle Stamp Duty Exemption Guidelines

Eligibility Criteria and Application Process

October 2021

The NSW Electric Vehicle Strategy outlines a number of incentives to encourage the purchase of battery electric vehicles (BEVs) and hydrogen fuel cell electric vehicles (FCEVs) in NSW.  One of the incentives offered by the NSW Government is a stamp duty exemption for eligible electric vehicles. We know that upfront purchase price is one of the barriers hindering purchase of electric vehicles and this stamp duty exemption is intended to address this barrier and encourage the uptake of electric vehicles in NSW.

This page contains the guidelines for the eligibility criteria and application process for the stamp duty exemption for electric vehicles.
 

Who can apply for a stamp duty exemption?

All new or used BEVs and FCEVs with a dutiable value up to and including $78,000 will be exempt from stamp duty. Any NSW resident or business registering these vehicles on or after 1 September 2021 for personal or business use will be exempt from stamp duty on that registration. 

What electric vehicles does it apply to?

The stamp duty exemption is available for new and used BEVs and FCEVs with a dutiable value up to and including $78,000 that are registered on or after 1 September 2021. BEVs and FCEVs with a dutiable value above $78,000 will continue to pay the same stamp duty as other non exempt vehicles. 

The dutiable value of a vehicle is the total amount paid (including GST) for the vehicle, which includes delivery costs, accessories and options added to the vehicle (e.g. towbar, special wheels, paint protection etc) and any other charges or fees levied by the dealer on the purchaser. 

NSW Government charges administered by Transport for NSW, such as registration fees and vehicle weight tax, the cost of CTP insurance or the premium paid for any extended warranty insurance are not included in the dutiable value.

A BEV is a battery electric vehicle which uses only an electric motor for propulsion and runs entirely on battery power and requires no petrol.

A FCEV is a hydrogen fuel cell electric vehicle which uses only an electric motor for propulsion and is equipped with a fuel cell for converting hydrogen to electricity.

The stamp duty exemption will be available for battery electric and hydrogen fuel cell motor vehicles (as defined under the Road Transport Act 2013). This includes the following categories: 

  • passenger vehicles
  • sports utility vehicles
  • light trucks / light commercial vehicles
  • motorcycles

Vehicles that are not exempt from stamp duty under this policy include: 

  • hybrid electric vehicles and plug-in hybrid electric vehicles
  • heavy trucks / heavy vehicles
  • trailers and caravans

Examples of BEVs and FCEVs that, subject to pricing and eligibility requirements, may qualify for this stamp duty exemption can be found here.

When does the electric vehicle need to be purchased and registered?

Stamp duty is ordinarily payable on the registration of a vehicle if the vehicle has not previously been registered, or a previously registered vehicle is being registered to a different person. This dutiable event must be on or after 1 September 2021 to be eligible for a stamp duty exemption. 

If you have purchased an eligible vehicle and registered the vehicle on or after 1 September 2021, you will be eligible for a stamp duty exemption. Stamp duty will continue to be payable in relation to vehicle registrations prior to 1 September 2021 and for registrations of non-exempt vehicles.

There is no restriction on when a vehicle was purchased to be eligible for a stamp duty exemption. Eligible vehicles purchased before 1 September 2021 and registered on or after 1 September 2021 will be exempt from stamp duty for that registration.
 

Do you still need to pay stamp duty when registering an eligible electric vehicle?

You will still be required to pay stamp duty when registering an eligible vehicle after 1 September 2021. A stamp duty refund can then be claimed through an application portal.

Application process

When and how can a stamp duty exemption and refund be applied for?

A stamp duty exemption and refund can be applied for from 1 November 2021. 

You can apply for the exemption on the NSW Government online application portal here. 
 

What information do you need to apply for a stamp duty exemption?

Evidence required during the application process includes:

  • NSW Driver Licence (which matches the registration details)
  • Certificate of Registration (which shows a registration number, registration history, registered owner, vehicle use, Vehicle Identification Number – VIN, a duty paid amount)
  • Proof of Registration Entitlement 
When will a stamp duty be refunded?

Within 15 business days from the submission of a complete application, Revenue NSW will review the information provided and will notify applicants if they have been successful. 

If the stamp duty exemption is granted, Revenue NSW will proceed to transfer the stamp duty refund to the bank account nominated by customer within 5 business days of notification of successful application. 
 

Do you need to apply separately for a rebate and a stamp duty refund?

Separate applications for a rebate and a stamp duty refund for eligible vehicle purchases are required, however both applications will be available through a single online portal. You can find out more information about Electric Vehicle rebates here

What personal details are required to apply for a stamp duty exemption?

If you are applying as an individual, you will be required to provide:

  • Transport for NSW Customer Number 
  • Copy of your NSW Driver Licence
  • Copy of your Certificate of Registration
  • Name
  • Date of birth
  • Mailing address
  • Email 
  • Phone number

If you are applying as a business, you will be required to provide:

  • Transport for NSW Customer Number
  • Copy of NSW Driver Licence of the business contact person
  • Copy of the Certificate of Registration
  • Company name
  • ABN, ACN or ABRN etc.
  • Contact person name
  • Contact mailing address
  • Contact email
  • Contact phone number
     
What vehicle details are required to apply for a stamp duty exemption?

The following vehicle details are required for a stamp duty exemption application:

  • Date of registration
  • Sale price and market value
  • Duty amount paid
  • Registration plate number of vehicle
  • Vehicle make
  • Vehicle model
  • VIN
     
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