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Land Tax
$0
Based on your current Land Value $0 & Land Tax Rate $0%, your estimated Land Tax $0.
The Land Tax Calculator is a tool designed to help you calculate your land tax based on the taxable value of your land. Follow the steps below to use the calculator effectively and estimate your land tax liability.
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Land Value — Enter the total taxable value of the land.
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Land Tax Rate (%) — The applicable land tax rate will be automatically calculated based on the land value you enter.
Click on the "Calculate" button to calculate your Land Tax based on the provided land value.
Land tax general rates (from 2024 land tax year)
| Total taxable value of land holdings | 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 |
This tool is designed to assist in calculating your land tax based on the taxable value of your land. However, it should not be considered a comprehensive assessment of your total income tax obligations. The calculator is tailored exclusively for Australian resident taxpayers. If you have complex financial situations or are uncertain about certain aspects of your taxes, it is recommended to consult with a qualified tax professional or accountant for personalized advice and verification of your calculations. Should you require further assistance, please consider reaching out to Investax for a professional assessment of your calculation.
