1 Press Ctrl-A ©G Dear 2010 – Not to be sold/Free to use Stamp Duty and Buying a Car Stage 6 - Year 11 Applied Mathematic (Preliminary General 1)

Presentation on theme: "1 Press Ctrl-A ©G Dear 2010 – Not to be sold/Free to use Stamp Duty and Buying a Car Stage 6 - Year 11 Applied Mathematic (Preliminary General 1)"— Presentation transcript:

1 Press Ctrl-A ©G Dear 2010 – Not to be sold/Free to use Stamp Duty and Buying a Car Stage 6 - Year 11 Applied Mathematic (Preliminary General 1)

2 Stamp Duty and Car Insurance (1/5) Stamp duty is calculated at: 3% of the market value up to \$45,000 5% on the value over \$45,000. 1.Stamp duty on \$45,000 at 3%=\$1,350 3.Total stamp duty=\$1,600 Calculate Stamp Duty on a \$50000 car. 2.Stamp duty on \$5,000 at 5%=\$250 End of Slide Stamp duty is a tax based on the market value of the vehicle or the price you paid, whichever is greater.

3 Stamp Duty and Car Registration (2/5) 3% of the market value up to \$45,000 5% on the value over \$45,000. \$1000 \$2000 \$10000\$20000\$30000\$40000\$50000\$60000 Value Stamp Duty

4 Stamp Duty and Car Registration (3/5) 3% of the market value up to \$45,000 5% on the value over \$45,000. \$1000 \$2000 \$10000\$20000\$30000\$40000\$50000\$60000 Value Stamp Duty End of Slide Find Stamp Duty on \$55000. \$1825

5 Stamp Duty and Car Registration (4/5) 3% of the market value up to \$45,000 5% on the value over \$45,000. \$1000 \$2000 \$10000\$20000\$30000\$40000\$50000\$60000 Value Stamp Duty End of Slide Find Stamp Duty on \$30000. \$900

6 Stamp Duty and Car Registration (5/5) 3% of the market value up to \$45,000 5% on the value over \$45,000. \$1000 \$2000 \$10000\$20000\$30000\$40000\$50000\$60000 Value Stamp Duty End of Slide Find Stamp Duty on \$40000. \$1225

Download ppt "1 Press Ctrl-A ©G Dear 2010 – Not to be sold/Free to use Stamp Duty and Buying a Car Stage 6 - Year 11 Applied Mathematic (Preliminary General 1)"

Similar presentations