Australia: Tax measures in 2025 budget (Northern Territory)

Proposals would simplify and broaden stamp duty exemptions for charities and not-for-profit entities

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May 14, 2025

The Northern Territory (NT) budget 2025-2026 includes tax provisions aimed at simplifying and broadening stamp duty exemptions for charities and not-for-profit entities.

Effective July 1, 2025, the NT will remove the “commercial and competitive” restrictions on stamp duty exemptions for charities and not-for-profit entities, meaning these entities will no longer need to prove that acquired property is used solely in a non-commercial or non-competitive manner.

The budget also references the 2025 Commonwealth Grants Commissioner report, which suggests that the NT could increase revenue by AU$79 million annually if it implemented an average state policy on land tax, although no land tax is currently imposed in the NT.


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

Candice Wong | candicewong@kpmg.com.au

Tessa Livingston | tlivingston1@kpmg.com.au

Myuri Kuganathan | mkuganathan@kpmg.com.au

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