Please see Information Circular 75 for details of historical changes to stamp duty announced in the State Budget 2015-16
As part of the State Budget 2015-16 share transfer stamp duty was abolished on share transfer instruments executed on or after 18 June 2015. The abolition does not apply to a transfer of shares executed on or after 18 June 2015 pursuant to a contract of sale or other agreement entered into before 18 June 2015.
Conveyance duty applies to a share transfer under which a person acquires a share in a company that confers a right to possession of a dwelling that is owned and administered by the company, generally referred to as a company title scheme.
If the share transfer instrument is not liable to stamp duty, a certificate of stamp duty is not required. However, if a Certificate of Stamp Duty is generated, RevenueSA recommends that you attach it to the document.
Land holder duty pursuant to Part 4 of the Stamp Duties Act 1923 continues to apply.
The transfer, either by way of sale or gift, of shares in a company that is not quoted on a recognised Stock Exchange is subject to stamp duty on the market value of the shares or consideration, whichever is greater. The rate of stamp duty charged is $0.60 cents per $100 or part of $100.
The transfer of shares not by way of sale or gift may be exempt from stamp duty depending on the nature of the transaction.
From 1 July 2001 stamp duty is not charged on the transfer of shares for companies that are quoted on the Australian or other recognised Stock Exchanges.
A Certificate of Stamp Duty must be attained for the share transfer document.
The types of share transfers listed below can be self-determined by an authorised user via RevenueSA Online (if you are not an authorised RevenueSA Online user contact RevenueSA for more information). All of these share transfers are exempt from Stamp Duty:
You can refer to the Stamp Duty Document Guide for more detailed notes on these document types.
All other share transfers are required to be presented to RevenueSA to have the appropriate stamp duty determined. The share transfer document must be submitted with a completed Application for Stamp Duty Assessment, which can be obtained from RevenueSA, together with:
Stamp duty on the transfer, either by way of sale or gift, of shares not quoted on a recognised Stock Exchange is charged at the rate of 60 cents per $100 or part of $100.