How is land tax worked out in Tasmania?
State Revenue Office of Tasmania gives these rates for land a person owns in 2026-27. We read its page on 13 Nov 2026.
| Land value | Land tax |
|---|---|
| Under $125,000 | Land tax None |
| $125,000 to under $500,000 | Land tax $50 plus 0.45% of the amount over $125,000 |
| $500,000 and over | Land tax $1,737.50 plus 1.5% of the amount over $500,000 |
$1,200,000 of land held on 1 July 2026 pays $12,237.50 of land tax for 2026-27. On the scale it is $1,737.50 plus 1.5% of the amount over $500,000, $12,237.50.
More for this state
Stamp duty, investor or home buyer
The duty on a purchase in Tasmania.
Stamp duty, first home buyer
The duty on a purchase in Tasmania.
Stamp duty, foreign buyer
The duty on a purchase in Tasmania.
Rental property tax
The tax a rental adds or saves.
Where the rules come from
By Varun Agarwal. Updated
- Land Tax Rating Act 2000 (Tas) ss 6, 6A, 7 and Schedule 1
- Land Tax Act 2000 (Tas) ss 10, 15 and 16C
- SRO Tasmania, rates of land tax
- SRO Tasmania, FILTS rate of surcharge
The ATO's figures on what landlords earn and lose, postcode by postcode, are in Rental income, losses and capital gains by postcode, 2023-24.