Rates of Stamp Duty :
Amount or value of the consideration (HK$) |
Normal Stamp Duty
(With Effective from 1 April 2010)
|
Al Valorem Stamp Duty
(With effective from 23 February 2013)
|
Stamp Duty for the purchasing of the 2nd residential Property (with effective from 5 NOVEMBER 2016) |
Exceed |
Not Exceed |
|
$2,000,000 |
$100 |
1.5% |
15% |
$2,000,000 |
$2,351,760 |
$100 + 10% of excess over $2,000,000 |
$30,000 + 20% of excess over $2,000,000 |
$2,351,760 |
$3,000,000 |
1.5% |
3% |
$3,000,000 |
$3,290,320 |
$45,000 + 10% of excess over $3,000,000 |
$90,000 + 20% of excess over$3,000,000 |
$3,290,320 |
$4,000,000 |
2.25% |
4.5% |
$4,000,000 |
$4,428,570 |
$90,000 + 10% of excess over $4,000,000 |
$180,000 + 20% of excess over $4,000,000 |
$4,428,570 |
$6,000,000 |
3% |
6% |
$6,000,000 |
$6,720,000 |
$180,000 + 10% of excess over $6,000,000 |
$360,000 + 20% of excess over $6,000,000 |
$6,720,000 |
$20,000,000 |
3.75% |
7.5% |
$20,000,000 |
$21,739,120 |
$750,000 + 10% of excess over $20,000,000 |
$1,500,000 + 20% of excess over$20,000,000 |
$21,739,120 |
|
4.25% |
8.5% |
|
- Where the stamp duty calculated includes a fraction of $1, round-up the duty to the nearest $1.
- Information provided is for your reference only, please refers to Hong Kong Inland Revenue Department for any accuracy of information.
|
|
|
|
