Tasmanian Numbered Acts

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LAND TAX RATING ACT 1998 (NO. 33 OF 1998) - SCHEDULE 1

- Scale of land tax
SCHEDULE 1 - Scale of land tax

Sections 4 , 5 , 6 , 7 , 8 and 9

Assessed or apportioned assessed land value of land

Amounts and rates of land tax

Not exceeding $1 000

Nil

Exceeding $1 000, but not exceeding $15 000

$25

Exceeding $15 000, but not exceeding $40 000

$25 and 0.75 cents for each dollar of the assessed land value in excess of $15 000

Exceeding $40 000, but not exceeding $68 750

$212.50 and 1.0 cent for each dollar of the assessed land value in excess of $40 000

Exceeding $68 750, but not exceeding $100 000

$500

Exceeding $100 000, but not exceeding $125 000

$500 and 1.25 cents for each dollar of the assessed land value in excess of $100 000

Exceeding $125 000, but not exceeding $170 000

$812.50 and 1.5 cents for each dollar of the assessed land value in excess of $125 000

Exceeding $170 000, but not exceeding $210 000

$1 487.50 and 1.75 cents for each dollar of the assessed land value in excess of $170 000

Exceeding $210 000, but not exceeding $250 000

$2 187.50 and 2.0 cents for each dollar of the assessed land value in excess of $210 000

Exceeding $250 000, but not exceeding $500 000

$2 987.50 and 2.25 cents for each dollar of the assessed land value in excess of $250 000

Exceeding $500 000

$8 612.50 and 2.5 cents for each dollar of the assessed land value in excess of $500 000



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