Current rates
- Current land tax general rates (unchanged since 2009)
- Current land tax trust surcharge rates (unchanged since 2009)
- Current land tax general rates with absentee owner surcharge (from 1 January 2020)
- Current land tax trust surcharge rates with absentee owner surcharge (from 1 January 2020)
Prior rates
- Land tax general rates with absentee owner surcharge (2017-2019 land tax years)
- Land tax trust surcharge rates with absentee owner surcharge (2017-2019 land tax years)
- Land tax general rates with absentee owner surcharge - 2016 land tax year
- Land tax trust surcharge rates with absentee owner surcharge - 2016 land tax year
Current land tax general rates (unchanged since 2009)
| Total taxable value of land holdings | Land tax payable |
|---|---|
| < $250,000 | Nil |
| $250,000 to < $600,000 | $275 plus 0.2% of amount > $250,000 |
| $600,000 to < $1,000,000 | $975 plus 0.5% of amount > $600,000 |
| $1,000,000 to < $1,800,000 | $2975 plus 0.8% of amount > $1,000,000 |
| $1,800,000 to < $3,000,000 | $9375 plus 1.3% of amount > $1,800,000 |
| $3,000,000 and over | $24,975 plus 2.25% of amount > $3,000,000 |
For land holdings with a taxable value not less than $25,000 but less than $1.8 million, the land tax rate for trusts is the surcharge rate of 0.375 per cent plus the general rate.* The surcharge phases out for land holdings in excess of $1.8 million, For land holdings valued at or over $3 million, the surcharge rate is the same as the general rate.
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