How is land tax worked out in Queensland?

Queensland Revenue Office gives these rates for land a person owns in 2026-27. We read its page on 13 Nov 2026.

Land tax rates, 2026-27
Land value	Land tax
Under $600,000	Land tax None
$600,000 to under $1,000,000	Land tax $500 plus 1 cent for each $1 over $600,000
$1,000,000 to under $3,000,000	Land tax $4,500 plus 1.65 cents for each $1 over $1,000,000
$3,000,000 to under $5,000,000	Land tax $37,500 plus 1.25 cents for each $1 over $3,000,000
$5,000,000 to under $10,000,000	Land tax $62,500 plus 1.75 cents for each $1 over $5,000,000
$10,000,000 and over	Land tax $150,000 plus 2.25 cents for each $1 over $10,000,000

$1,200,000 of land held on 30 June 2026 pays $7,800 of land tax for 2026-27. On the scale it is $4,500 plus 1.65% of the amount over $1,000,000, $7,800.