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# Historical rates of land tax

2008

Total taxable value of landholdings | Land tax payable |
---|---|

< $225,000 | Nil |

$225,000 to < $540,000 | $250 plus 0.2% of amount > $225,000 |

$540,000 to < $900,000 | $880 plus 0.5% of amount > $540,000 |

$900,000 to < $1,620,000 | $2680 plus 0.8% of amount > $900,000 |

$1,620,000 to < $2,700,000 | $8440 plus 1.3% of amount > $1,620,000 |

$2,700,000 and over | $22,480 plus 2.5% of amount > $2,700,000 |

Total taxable value of landholdings | Land tax payable |
---|---|

< $20,000 | Nil |

$20,000 to < $225,000 | $75 plus 0.375% of amount > $20,000 |

$225,000 to < $540,000 | $844 plus 0.575% of amount > $225,000 |

$540,000 to < $900,000 | $2655 plus 0.875% of amount > $540,000 |

$900,000 to < $1,620,000 | $5805 plus 1.175% of amount > $900,000 |

$1,620,000 to < $2,700,000 | $14,265 plus 0.76% of amount > **$1,620,000 |

$2,700,000 and over | $22,480 plus 2.5% of amount > $2,700,000 |

** The 0.375% surcharge starts to phase out at the rate of $53.94 for every $10,000 increase in value for property values in excess of $1.62 million. At $2.7 million, the surcharge is zero and normal marginal rates apply.

## 2007

Total taxable value of landholdings | Land tax payable |
---|---|

Less than $200,000 | Nil |

$200,000 to less than $540,000 | $200 plus 0.2% for each dollar over $200,000 |

$540,000 to less than $900,000 | $880 plus 0.5% for each dollar over $540,000 |

$900,000 to less than $1,190,000 | $2680 plus 0.8% for each dollar over $900,000 |

$1,190,000 to less than $1,620,000 | $5000 plus 1.2% for each dollar over $1,190,000 |

$1,620,000 to less than $2,700,000 | $10,160 plus 1.8% for each dollar over $1,620,000 |

$2,700,000 and over | $29,600 plus 3% for each dollar over $2,700,000 |

Total taxable value of landholdings | Land tax payable |
---|---|

Less than $20,000 | Nil |

$20,000 to less than $200,000 | $75 plus 0.375% for each dollar over $20,000 |

$200,000 to less than $540,000 | $750 plus 0.575% for each dollar over $200,000 |

$540,000 to less than $900,000 | $2705 plus 0.875% for each dollar over $540,000 |

$900,000 to less than $1,190,000 | $5855 plus 1.175% for each dollar over $900,000 |

$1,190,000 to less than $1,620,000 | $9263 plus 1.575% for each dollar over $1,190,000 |

$1,620,000 to less than $2,700,000 | $16,035 plus 1.256% for each dollar over $1,620,000* |

$2,700,000 and over | $29,600 plus 3% for each dollar over $2,700,000 |

*The 0.375% surcharge starts to phase out at the rate of $55 for every $10,000 increase in value for property values in excess of $1.62 million. At $2.7 million, the surcharge is zero and the general rates apply.

## 2006

Total taxable value of landholdings | Land tax payable |
---|---|

Less than $200,000 | Nil |

$200,000 to less than $540,000 | $200 plus 0.2% for each dollar over $200,000 |

$540,000 to less than $900,000 | $880 plus 0.5% for each dollar over $540,000 |

$900,000 to less than $1,190,000 | $2680 plus 1.0% for each dollar over $900,000 |

$1,190,000 to less than $1,620,000 | $5580 plus 1.5% for each dollar over $1,190,000 |

$1,620,000 to less than $2,700,000 | $12,030 plus 2.25% for each dollar over $1,620,000 |

$2,700,000 and over | $36,330 plus 3.5% for each dollar over $2,700,000 |

Total taxable value of landholdings | Land tax payable |
---|---|

Less than $20,000 | Nil |

$20,000 to less than $200,000 | $75 plus 0.375% for each dollar over $20,000 |

$200,000 to less than $540,000 | $750 plus 0.575% for each dollar over $200,000 |

$540,000 to less than $900,000 | $2705 plus 0.875% for each dollar over $540,000 |

$900,000 to less than $1,190,000 | $5855 plus 1.375% for each dollar over $900,000 |

$1,190,000 to less than $1,620,000 | $9843 plus 1.875% for each dollar over $1,190,000 |

$1,620,000 to less than $2,700,000 | $17,905 plus 1.706% for each dollar over $1,620,000* |

$2,700,000 and over | $36,330 plus 3.5% for each dollar over $2,700,000 |

*The 0.375% surcharge starts to phase out at the rate of $55 for every $10,000 increase in value for property values in excess of $1.62 million. At $2.7 million, the surcharge is zero and the general rates apply.

## 2005

Total unimproved value | Land tax payable |
---|---|

Less than $175,000 | Nil |

$175,000 to less than $200,000 | $175 plus 0.1% for each dollar over $175,000 |

$200,000 to less than $540,000 | $200 plus 0.2% for each dollar over $200,000 |

$540,000 to less than $710,000 | $880 plus 0.5% for each dollar over $540,000 |

$710,000 to less than $850,000 | $1730 plus 1.0% for each dollar over $710,000 |

$850,000 to less than $1,130,000 | $3130 plus 1.75% for each dollar over $850,000 |

$1,130,000 to less than $1,620,000 | $8030 plus 2.75% for each dollar over $1,130,000 |

$1,620,000 to less than $2,700,000 | $21,505 plus 3.0% for each dollar over $1,620,000 |

$2,700,000 and over | $53,905 plus 4.0% for each dollar over $2,700,000 |

## 2004

Total unimproved value | Land tax payable |
---|---|

Less than $150,000 | Nil |

$150,000 to less than $200,000 | $150 plus 0.1% for each dollar over $150,000 |

$200,000 to less than $540,000 | $200 plus 0.2% for each dollar over $200,000 |

$540,000 to less than $675,000 | $880 plus 0.5% for each dollar over $540,000 |

$675,000 to less than $810,000 | $1555 plus 1.0% for each dollar over $675,000 |

$810,000 to less than $1,080,000 | $2905 plus 1.75% for each dollar over $810,000 |

$1,080,000 to less than $1,620,000 | $7630 plus 2.75% for each dollar over $1,080,000 |

$1,620,000 to less than $2,700,000 | $22,480 plus 3.0% for each dollar over $1,620,000 |

$2,700,000 and over | $54,880 plus 5.0% for each dollar over $2,700,000 |

## 2003

Total unimproved value | Land tax payable |
---|---|

Less than $150,000 | Nil |

$150,000 to less than $200,000 | $150 plus 0.1% for each dollar over $150,000 |

$200,000 to less than $540,000 | $200 plus 0.2% for each dollar over $200,000 |

$540,000 to less than $675,000 | $880 plus 0.5% for each dollar over $540,000 |

$675,000 to less than $810,000 | $1555 plus 1.0% for each dollar over $675,000 |

$810,000 to less than $1,080,000 | $2905 plus 1.75% for each dollar over $810,000 |

$1,080,000 to less than $1,620,000 | $7630 plus 2.75% for each dollar over $1,080,000 |

$1,620,000 to less than $2,700,000 | $22,480 plus 3.0% for each dollar over $1,620,000 |

$2,700,000 and over | $54,880 plus 5.0% for each dollar over $2,700,000 |

## 2002

Total unimproved value | Land tax payable |
---|---|

Less than $125,000 | Nil |

$125,000 to less than $200,000 | $125 plus 0.1% for each dollar over $125,000 |

$200,000 to less than $540,000 | $200 plus 0.2% for each dollar over $200,000 |

$540,000 to less than $675,000 | $880 plus 0.5% for each dollar over $540,000 |

$675,000 to less than $810,000 | $1555 plus 1.0% for each dollar over $675,000 |

$810,000 to less than $1,080,000 | $2905 plus 1.75% for each dollar over $810,000 |

$1,080,000 to less than $1,620,000 | $7630 plus 2.75% for each dollar over $1,080,000 |

$1,620,000 to less than $2,700,000 | $22,480 plus 3.0% for each dollar over $1,620,000 |

$2,700,000 and over | $54,880 plus 5.0% for each dollar over $2,700,000 |

## 2001

Total unimproved value | Land tax payable |
---|---|

Less than $85,000 | Nil |

$85,000 to less than $200,000 | $85 plus 0.1% for each dollar over $85,000 |

$200,000 to less than $540,000 | $200 plus 0.2% for each dollar over $200,000 |

$540,000 to less than $675,000 | $880 plus 0.5% for each dollar over $540,000 |

$675,000 to less than $810,000 | $1555 plus 1.0% for each dollar over $675,000 |

$810,000 to less than $1,080,000 | $2905 plus 1.75% for each dollar over $810,000 |

$1,080,000 to less than $1,620,000 | $7630 plus 2.75% for each dollar over $1,080,000 |

$1,620,000 to less than $2,700,000 | $22,480 plus 3.0% for each dollar over $1,620,000 |

$2,700,000 and over | $54,880 plus 5.0% for each dollar over $2,700,000 |