Australian Capital Territory
Taxation Administration (Amounts Payable—Thresholds—Home Buyer Concession Scheme) Determination 2013 (No 2)
Disallowable instrument DI2013-319
made under the 
Taxation Administration Act 1999, s 139 (Determination of amounts payable under tax laws)

1	Name of instrument
This instrument is the Taxation Administration (Amounts Payable—Thresholds—Home Buyer Concession Scheme) Determination 2013 (No 2).
2	Commencement 
This instrument commences on 1 January 2014. 
3	Determination of amounts
I determine the following thresholds and amounts to be used to calculate duty under section 31 of the Duties Act 1999 as payable to the Territory by an eligible home buyer under the Home Buyer Concession Scheme:
Property Value Thresholds	Threshold Amount	
Lower Threshold (Full Concession)	$435,000	
Upper Threshold (at which Concession ceases)	$535,000	

Land Value Thresholds	Threshold Amount	
Lower Threshold (Full Concession)	$260,000	
Upper Threshold (at which Concession ceases)	$290,000	

4	Calculation of concessional duty payable—eligibility instrument
	The following are the concessional duty rates calculated in accordance with the criteria determined under the Disallowable Instrument that currently determines the eligibility criteria for the Home Buyer Concession Scheme:
Concessional Duty Rates	Amount per $100 (or part thereof) of the dutiable value in excess of the lower threshold	
	Eligible Property	$18.85	
	Eligible Vacant Block	$25.75	

5	Revocation
DI2013-85 is revoked.

6	Transitional Provisions
DI2013-85 continues to apply to a grant, transfer, or an agreement to transfer a lease between 5 June 2013 and 31 December 2013 inclusive.

Treasurer
Andrew Barr MLA
18 December 2013