Australia: No tax measures announced in 2024-2025 budget (Northern Territory)

No new taxes or revisions to existing taxes were announced.

No new taxes or revisions to existing taxes were announced.

The Northern Territory government’s budget for 2024-2024 was delivered by the Chief Minister and Treasurer on 14 May 2024.

No new taxes or revisions to existing taxes were announced.

KPMG observation

Following the 2023-2024 abolition of stamp duty on transfers and other conveyances of non-land property (read TaxNewsFlash), the lack of any new or revised taxes in the budget may indicate that 2024-2025 could be a quiet year for further territory taxes reform.

For more information, contact a KPMG tax professional in Australia:

Jenny Lee |

Dihan Fernando |



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