 |
| Use the following table to calculate you Land Transfer Tax |
| Purchase Price | Calculation of Land Transfer Tax |
| $0 - $55,000 | 0.005 x Amount |
| $55,001 - $250,000 | (0.01 x Amount) minus $275 |
| $250,001 - $400,000 | (0.015 x Amount) minus $1,525 |
| $400,000 + | (0.02 x Amount) minus $3,525 |