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July 11, 2023 23:16
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Microsoft Excel formula for calculating stamp duty in New South Wales (NSW), Australia.
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| =ROUND( | |
| IF(A1 > 3000000 , 150490 + 0.07 * (A1 - 3000000), | |
| IF(A1 > 1000000 , 40490 + 0.055 * (A1 - 1000000), | |
| IF(A1 > 300000 , 8990 + 0.045 * (A1 - 300000), | |
| IF(A1 > 80000 , 1290 + 0.035 * (A1 - 80000), | |
| IF(A1 > 30000 , 415 + 0.0175 * (A1 - 30000), | |
| IF(A1 > 14000 , 175 + 0.015 * (A1 - 14000), | |
| 0.0125 * A1)))))) | |
| ,) |
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updated based on July 2023 for anyone interested
https://gist.github.com/ljgoe/2bde9e7036c015dcbe3929a7e1bdd58f
=ROUND(
IF(D6 > 1400000, 163940 + 0.07 * (D6 - 3268000),
IF(D6 > 1168000, 47295 + 0.055 * (D6 - 1168000),
IF(D6 > 351000, 10530 + 0.045 * (D6 - 351000),
IF(D6 > 93000, 1500 + 0.035 * (D6 - 93000),
IF(D6 > 35000, 485 + 0.0175 * (D6 - 35000),
IF(D6 > 15000, 200 + 0.015 * (D6 - 14000),
0.0125 * D6)))))),)