Stamp duty is a tax payable to the government when a property is legally transferred to a new owner. It is separate from, but often paid in conjunction with, a registration fee that formalizes the transaction.
Owner | Stamp duty (% of the property value) | Registration charge (% of the property value) |
---|---|---|
Man | 7% | 1% |
Woman | 6% | 1% |
Man + Woman | 6.5% | 1% |
Man + Man | 7% | 1% |
Woman + Woman | 6% | 1% |