Land tax general rates (from 2024 land tax year)
Land tax general rates (from 2024 land tax year) | |
Total taxable value of landholdings | Land tax payable |
< $50,000 | Nil |
$50,000 to < $100,000 | $500 |
$100,000 to < $300,000 | $975 |
$300,000 to < $600,000 | $1350 plus 0.3% of amount > $300,000 |
$600,000 to < $1,000,000 | $2250 plus 0.6% of amount > $600,000 |
$1,000,000 to < $1,800,000 | $4650 plus 0.9% of amount > $1,000,000 |
$1,800,000 to < $3,000,000 | $11,850 plus 1.65% of amount > $1,800,000 |
$3,000,000 and over | $31,650 plus 2.65% of amount > $3,000,000 |