Skip to main content

No impact.

These proposed changes would provide greater choice for those looking to purchase a property in the future. Should this reform go ahead, unless you are buying a property, there would be no change. Owners who have already paid stamp duty would not be subject to an annual property tax. There would be no double tax.


Retirees

Retirees

Li and Wen are happily retired. They purchased their family home 26 years ago and are not looking to move or buy in the future. The proposed changes would not impact Li and Wen as they have no plans to buy. They paid stamp duty when they purchased their home and there would be no double tax.


Young family

Young family

The Smith family purchased their forever home last year. The proposed changes would not impact the Smiths as they have no plans to buy again in the future. The Smiths paid stamp duty when they purchased their home and there would be no double tax.

Top of page