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South Australia was the first Australian state to introduce a land tax, based on the unimproved capital value of land, in 1884. [6] [7] In 1910, George Allen (first secretary to the Treasury) founded the Land Tax Office to service land taxes at the federal level as a form of wealth tax and as a means to break up large tracts of underutilised land.
A beer duty stamp from 1892. The first beer duty stamps were issued for beer in kegs in 1880, and like issues for the other Australian states, most were damaged or destroyed in use so most existing examples are in mint condition. The second issue was in 1881, and stamps in similar designs for use on kegs or bottles were issued until 1906.
Stamp duty was formerly a graduated progressive tax with the more expensive the house bought the greater the stamp duty rate. The top rate slowly increased from 0.5% in 1882 to 3% in 1947, 5% in 1973, 6% in 1975, reaching its peak at 9% in 1997. [7]
State governments do not levy any sales taxes though they do impose stamp duties on a range of transactions. In summary, the GST rate of 10% is charged on most goods and services consumed in Australia. A business which is registered for GST would include the GST in the sale prices it charges.
Average rate Lowest rate Highest rate Year Name Description Denmark 2.612 % [129] 1.6% [129] 3.4% [129] 2022 grundskyldspromille / ejendomsskat The municipality (kommune) decides the local tax rate within 1.6 and 3.4 percent [130] Estonia N/A 0.1 % [131] 2.5% [131] 2022 maamaks The tax is determined by the local municipality.
258.5 Stamp Duty Duly Stamped. ... Victoria, 1880-1906 - Revenue stamps of Victoria; ... This page was last edited on 9 February 2024, ...
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A block of four £2 "Roo" stamps showing the printer's imprint in the selvedge 1d King George V, used at Sydney in 1916. The six self-governing Australian colonies that formed the Commonwealth of Australia on 1 January 1901 had operated their own postal service and issued their own stamps – see articles on the systems on New South Wales (first stamps issued 1850), Victoria (1850), Tasmania ...