Duty Pocket Knife

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Stamp Duty: Calculating The Payable Amount

Stamp duty has existed for many years, which refers to a tax levied by the Australian State and Territory governments on a series of transactions and documents. The federal government of Australia does not levy stamp duty however it is the task of the states and territories. It is based on state and territory jurisdictions that the stamp duty rates vary and so does the nature of instruments or documents. An Office of State Revenue is a part of every state and territory which is responsible for the collection of duty.

A transaction which involves purchasing or transferring of property from one person to another attracts stamp duty. The tax accrues as the property is passed from the seller to the buyer. And it is buyer’s responsibility to pay the duty well in time to avoid surcharge fees. The laws also prescribe rebates, exemption and concessions which are awarded only under special circumstances. Location of the property also plays a vital role in the calculation of stamp duty. First time buyers of property or a low valued property are perfect examples of immunity categories to attract any duty.

A stamp duty calculator assists greatly in the calculation of exact amount which is expected to be deposited with the government agencies. It is basically software which has been created to offer uniformity and ease in calculations during a real estate deal. The system offers detailed fee structures which are payable towards professional fees and what part makes for the legal fees based on various inputs made by the user.

Despite many variations between the state and territory regulations on calculation and collection of stamp duty, but there do exist similarities as well. The base methodology for calculation of tax is the same all across Australia. A simple ideology that the value of transferred property increases so does the percentage rate used for calculating the payable amount.

Shaun McGowan writes about stamp duty. For more information on
stamp duty calculator
logon to stampdutycalculator.com.au

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NEIKO TOOLS SOLID BLACK HEAVY DUTY LINERLOCK TACTICAL POCKET KNIFE W TANTO EDGE
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STAINLESS STEEL HEAVY DUTY SILVER  BLACK SLOTTED HANDLE LINERLOCK POCKET KNIFE
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STAINLESS STEEL HEAVY DUTY LINERLOCK POCKET KNIFE W SLOTTED BLACK
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HEAVY DUTY LINERLOCK POCKET KNIFE COMBO EDGE BLADE W CARBON FIBER RUBBER HANDLE
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FIRST PRODUCTION RUN HEAVY DUTY ASSISTED POCKET KNIFE W INLAID WOOD HANDLE
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OZARK TRAIL NICE GREEN HANDLE HEAVY DUTY LINERLOCK FOLDING POCKET KNIFE
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HEAVY DUTY COMBINATION EDGE BLADE LINERLOCK POCKET KNIFE 3 HOLES IN HANDLE
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NORTHWEST TRAIL HEAVY DUTY STAINLESS FOLDING POCKET KNIFE LINERLOCK BLACK BLADE
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WESTPORT CUMMINS MULTI TOOL HEAVY DUTY FOLDING POCKET KNIFE CUMMINS ADVERTISING
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SARGE FIRST RESPONDER HEAVY DUTY MULTI TOOL POCKET KNIFE MODEL SK 805
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KOFFMAN RICHTER POCKET KNIFE LINERLOCK HEAVY DUTY 440 STAINLESS STEEL BLADE
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HEAVY DUTY LARGE LINERLOCK FOLDING POCKET KNIFE W SILVER  BLACK HANDLE
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KOFFMAN RICHTER LINERLOCK HEAVY DUTY POCKET KNIFE 440 STAINLESS STEEL BLADE
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COAST SMALL HEAVY DUTY NICE MULTI TOOL FOLDING POCKET KNIFE W RUBBER GRIP HANDLE
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DEWALT TANTO COMBO EDGE BLADE LINERLOCK POCKET KNIFE W BELT CLIP HEAVY DUTY
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HEAVY DUTY SILVER  BLACK SPRING ASSISTED POCKET KNIFE W COMBO EDGE BLADE
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HEAVY DUTY SILVER  BLACK SPRING ASSISTED POCKET KNIFE W COMBO EDGE BLADE
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HEAVY DUTY LARGE SPRING ASSISTED POCKET KNIFE WELL MADE BLUE  GRAY BLADE
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$28.00
OZARK TRAIL HEAVY DUTY FRAMELOCK FOLDER POCKET KNIFE W THICK WOODEN HANDLES
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SARGE HEAVY DUTY POCKET KNIFE W CHETS HARDWARE CATALINA ISLAND ON HANDLE
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DeWALT COMBO EDGE TANTO BLADE LINERLOCK POCKET KNIFE HEAVY DUTY DEWALT
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HEAVY DUTY HIGH QUALITY LINERLOCK FOLDING POCKET KNIFE W NICE WOOD HANDLE
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SHEFFIELD HEAVY DUTY POCKET KNIFE W NICE CARBON FIBER LOOK RUBBER GRIP HANDLE
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HEAVY DUTY LINERLOCK FOLDER POCKET KNIFE ALL BLACK W COMBO EDGE
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HEAVY DUTY LINERLOCK FOLDING POCKET KNIFE W X ETCHED ON BLADE
HEAVY DUTY LINERLOCK FOLDING POCKET KNIFE W X ETCHED ON BLADE
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NORTHLAND PROFESSIONAL HEAVY DUTY LINER LOCK FOLDING POCKET KNIFE W CLIP
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$14.00
STAINLESS TAIWAN MADE HEAVY DUTY COMBO EDGE LINERLOCK POCKET KNIFE
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$10.00
RAMPANT HEAVY DUTY ASSISTED LINERLOCK POCKET KNIFE W QUALITY ELECTRIC ON HANDLE
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DeWALT HEAVY DUTY POCKET KNIFE LINERLOCK W TANTO COMBO EDGE BLADE
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$12.95
SHARPER LINERLOCK LARGE POCKET KNIFE HEAVY DUTY SHARPER KNIFE W BELT CLIP
SHARPER LINERLOCK LARGE POCKET KNIFE HEAVY DUTY SHARPER KNIFE W BELT CLIP
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Heavy Duty Weight Military Black G10 Tanto Stone Washing Folding Pocket Knife
Heavy Duty Weight Military Black G10 Tanto Stone Washing Folding Pocket Knife
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Svord Black Peasant Heavy Duty Straight Folding Carbon Tool Steel Pocket Knife
Svord Black Peasant Heavy Duty Straight Folding Carbon Tool Steel Pocket Knife
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BONE EDGE Heavy Duty Metal With Wood Handle Lockback Pocket Knife W Sheath T
BONE EDGE Heavy Duty Metal With Wood Handle Lockback Pocket Knife W Sheath T
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EXTREME HEAVY DUTY Combat Tactical Assist Pocket Folding Knife SI15023 GF7
EXTREME HEAVY DUTY Combat Tactical Assist Pocket Folding Knife SI15023 GF7
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Schrade 303S Heavy Duty Tactical Framelock Titanium Folding Knife Pocket Folder
Schrade 303S Heavy Duty Tactical Framelock Titanium Folding Knife Pocket Folder
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Swiss Style Army Multitool Pocket Knife Heavy Duty Stainless Steel Multi Ut
Swiss Style Army Multitool Pocket Knife Heavy Duty Stainless Steel Multi Ut
$18.85

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