Hello,
I am a First Homebuyer and In March 2013 we purchased a block of land and paid the full stamp duty on settlement in September 2013. My question is we have now started building and entitled to the refund for First Home buyers stamp duty reduction with settlement for the property on 10th of January 2015.
I called the SRO and they stated the refund will be issued on the date of settlement of the construction which means we are entitled to the 50% reduction instead of the 40% reduction when we settled on the block in Sept 2013.
Please help I am a little confused.
Thanks