Individual, Company, Family trust
| Land value | Land tax a year |
|---|---|
| $0 to $124,999 | Nil (below the threshold) |
| $125,000 to $499,999 | $50 plus 0.45% of the value above $125,000 |
| $500,000 and over | $1,737.50 plus 1.5% of the value above $500,000 |
Land Tax Calculator TAS 2026/27
Land tax in Tasmania on $1,000,000 of land owned by an individual is $9,237.50 a year, on the TAS revenue office's 2026/27 land tax year rates. A company pays $9,237.50 and a family trust $9,237.50 on the same land. The calculator below works it out for any land value in TAS.
Rates as at NSW, Victoria, Queensland, South Australia, Western Australia, Tasmania and the ACT read on 22 October 2026 (the 2026 land tax year in NSW and Victoria, 2026/27 elsewhere); the Northern Territory has no land tax
- $9,237.50
- land tax a year on $1,000,000 of land owned by an individual in TAS.
- $9,237.50
- for a family trust on the same land in TAS.
Land tax in TAS, a year
$16,737.50
1.12% of the land value
- Land tax on the state's rates
- $16,737.50
- Worked out
- On the land you own at midnight on 30 June
- About each week
- $322
Presm's Land Tax Calculator on each revenue office's published rates. Estimates only: exemptions and concessions beyond these boxes are not checked here. The TAS revenue office
Land tax in TAS at common land values, 2026/27
What an individual, a company, a family trust and a foreign individual pay a year in Tasmania at seven land values. Every figure is worked out by the calculator above.
| Land value | Individual | Company | Family trust | Foreign individual, with surcharge |
|---|---|---|---|---|
| $500,000 | $1,737.50 | $1,737.50 | $1,737.50 | $11,737.50 |
| $750,000 | $5,487.50 | $5,487.50 | $5,487.50 | $20,487.50 |
| $1,000,000 | $9,237.50 | $9,237.50 | $9,237.50 | $29,237.50 |
| $1,500,000 | $16,737.50 | $16,737.50 | $16,737.50 | $46,737.50 |
| $2,000,000 | $24,237.50 | $24,237.50 | $24,237.50 | $64,237.50 |
| $3,000,000 | $39,237.50 | $39,237.50 | $39,237.50 | $99,237.50 |
| $5,000,000 | $69,237.50 | $69,237.50 | $69,237.50 | $169,237.50 |
Presm's Land Tax Calculator, the TAS revenue office's 2026/27 land tax year rates. Land value: all the taxable land the owner holds in the state, not the home they live in. Family trust: a discretionary trust. Estimates only.
In a trust or a company
| Held by | Land tax a year |
|---|---|
| Your own name | $9,237.50 |
| A family trust | $9,237.50 |
| A company | $9,237.50 |
On $1,000,000 of land in Tasmania, your own name, a family trust and a company all pay the same. The Entity Land Tax Simulator compares all seven ways to hold land, in every state.
Foreign owners in TAS
A foreign owner of land in Tasmania pays a surcharge on top of land tax. On $1,000,000 of land the calculator works it out like this; an Australian resident individual pays $9,237.50.
| Land tax | $9,237.50 |
|---|---|
| Foreign owner surcharge | $20,000 |
| Total a year | $29,237.50 |
Source: State Revenue Office Tasmania: foreign investor land tax surcharge, read 22 Oct 2026. Presm's Land Tax Calculator; estimates only.
How TAS works it out
Tasmania taxes the land value of what an owner holds above a threshold, on its own scale; some owners have a scale of their own. These are the scales as the calculator applies them, then the calculator's own notes.
- Foreign investor land tax surcharge of 2% of the land value applies (land acquired from 1 July 2022).
The TAS revenue office · Stamp duty in TAS
Land tax in the other states
One number is a start. Presm shows the whole picture.
Land tax comes every year, on everything you own in a state. Presm puts it beside the rest of each property's costs: what it costs you each week, what it does to your portfolio, and what the next one would change.
- Portfolio. Value, loans, LVR, equity and cash flow for every property you own, in one table.
- Holding costs. What each property costs you weekly, monthly or yearly, every cost on one card.
- The Plan. Add the next property and see what changes, 10, 20 or 30 years ahead.
- Calculators. Stamp duty, land tax, borrowing power, LMI and more, in one account.
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