Threshold. As an individual, you are liable for land tax if the total taxable value of your freehold land—comprising land owned solely and your share in land ...

General threshold: $100 plus 1.6 per cent of land value above the threshold, up to the premium threshold. Premium threshold: $88,036 plus 2 per cent of land ...

... individual for land tax, with a threshold of $600,000 or more. The taxable value of your land is based on your annual land valuation issued by the Valuer- ...

Land tax calculation examples ; Individual calculation. $1,150,000 (total land value) - $1,075,000 (2024 general land tax threshold) x 1.6% + $100 (general land ...

2024-25 General Rates · Does not exceed $732,000 · Exceeds $732,000 but not $1,176,000. $0.50 for every $100 or part of $100 above $732,000 ; 2023-24 General Rates ...

From 2024, the land tax threshold has been temporarily lowered to $50,000. The $25,000 threshold for trusts remains unchanged. If the total taxable value of ...

30 окт. 2024 г. · Land Tax Type, Threshold, Calculation ; Individuals, $600,000, Starts at $500 plus 1 cent for each $1 above $600,000 then increases on a tiered ...

Land tax current rates ; $11,901 plus 4.675% of amount > $250,000 · $28,263 plus 4.975% of amount > $600,000 · $48,163 plus 5.275% of amount > $1,000,000.

Land tax is calculated on a total site value of $1,100,000. The threshold for 2024-25 is $732,000, therefore the first $732,000 will not attract land tax. Land ...

13 сент. 2024 г. · You must pay land tax if you own land valued in excess of $300000. Liability is assessed on land you are not using as your principal place ...