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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.
Stamp duty laws can differ significantly between all eight jurisdictions. The rates of stamp duty also differ between the jurisdictions (typically up to 5.5%) as do the nature of instruments and transactions subject to duty. Some jurisdictions no longer require a physical document to attract what is now often referred to as "transaction duty".
In 1884, a general tax on income was introduced in South Australia, and in 1895 income tax was introduced in New South Wales at the rate of six pence in the pound, or 2.5%. [6] Federal income tax was first introduced in 1915, in order to help fund Australia's war effort in the First World War. [7]
Australian Land Transport (Financial Assistance) Act 1985 1985 (No. 59) No Australian Law Reform Commission Act 1996 1996 (No. 37) Yes (as amended) Australian Law Reform Commission (Repeal, Transitional and Miscellaneous) Act 1996 1996 (No. 38) No Australian Maritime Safety Authority Act 1990 1990 (No. 78) Yes (as amended)
An 1898 Internal Revenue £1 stamp. Western Australia's first general duty revenue stamps were postage stamps showing a black swan overprinted I R in 1881. A year later special printings of postage stamps in lilac were similarly overprinted, but this time they were also surcharged with a new value.
A 1907 customs duty revenue stamp of Australia. Australia issued revenue stamps from 1907 to 1994. There were various types for different taxes. In addition to Commonwealth issues, the states of New South Wales, Queensland, South Australia, Tasmania, Victoria and Western Australia as well as the territories Australian Capital Territory, North Australia and Northern Territory also had their own ...
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.
South Australia's first Court Fee stamps were issued in 1982 and the designs were similar to earlier stamp duty revenues but with new inscriptions. Stamps in the same design but with differences in perforation or colour were issued until 1990, and they were used until about 2002.