Yes. Duty of $750 is payable on the deed that establishes a family discretionary trust (and other forms of trusts) after February 1 2024.
For trusts established before 1 February 2024, duty payable is $500.
This duty must be paid to the Office of State Revenue within 3 months of the date on which the trust is established.
If you want to stamp multiple copies of the same deed, then each additional copy incurs duty of $20.
If you’d like assistance with this, call us on 1300 654 590 or email us to speak to one of our experienced lawyers.
The information contained in this post is current at the date of editing – 08 May 2025.
