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Tasmania · Land tax

TAS land tax calculator

Your Tasmanian land tax for 2026-27 from the total assessed value of your general land.

FY 2026-27 rates · verified against the official sources.

The combined assessed land value (ALV) of all your “general land” at 1 July — from your notice of assessment. Your home (principal residence land) and primary production land are separate classifications and aren’t taxed.

Tasmania adds all your taxable land together before the threshold, so the values are summed.

Foreign owner?

Your tally

Annual land tax

$1,287.50

That's an effective 0.32% of your taxable land value, each year.

The same $400,000 elsewhere (individual rates, no surcharges): NSW nil · VIC $1,650 · QLD nil · WA $300 · SA nil · ACT (one property) $4,938 · NT none. Compare every state.

Estimate for standard holdings. Exemptions (home, primary production and others), joint ownership and grouping rules change the result — confirm with SRO Tasmania.

Next: buying another property? → TAS stamp duty calculator

Classification is everything in Tasmania.

Every parcel on your assessment is classed as principal residence land, primary production land, or “general land” — and only general land is taxed. The scale starts at $125,000, so a single Hobart rental usually clears it: $50 plus 0.45% of the excess, stepping to 1.5% past $500,000. Bills over $500 can be paid in three instalments.

How Tasmania land tax works

Work out your Tasmanian land tax for 2026-27 — charged on the assessed land value of all the general land you owned at 1 July 2026, using the SRO scale that’s applied since 1 July 2025.

Tasmania taxes the general land you own at 1 July — rentals, holiday homes, commercial property and vacant blocks — on its aggregated assessed land value (ALV, set by the Valuer-General and shown on your notice). Your home is classed as principal residence land and pays nothing; farms are primary production land and likewise exempt. If a property splits its use — say, a shop below and your flat above — the classification splits proportionally too.

The scale is short: nil to $124,999.99, then $50 + 0.45% of the amount over $125,000, then $1,737.50 + 1.5% over $500,000. It has applied since 1 July 2025 and the 2026-27 Budget left it untouched. Foreign persons who acquired residential-capable general land on or after 1 July 2022 also pay the foreign investor land tax surcharge (FILTS) — 2% of the foreign-owned portion’s assessed land value, with no threshold, even when the land tax itself is nil.

TAS land tax rates — general land

TAS land tax rates — general land — Tasmania land tax scale
Taxable valueLand tax
Up to $124,999Nil
$125,000 – $500,000$50 + 0.45% of the amount over $125,000
$500,000 and over$1,737.50 + 1.5% of the amount over $500,000

Applying since 1 July 2025. Foreign owners add the foreign investor land tax surcharge (FILTS): 2% of the foreign-owned portion’s value.

Land tax in TAS — quick answers by value

Annual land tax at each taxable value, computed by the same tested engine as the calculator:

Land tax in TAS at a range of land values
Taxable land valueLand taxForeign owner (with surcharge)
$125,000$50$2,550
$200,000$388$4,388
$300,000$838$6,838
$400,000$1,288$9,288
$500,000$1,738$11,738
$750,000$5,488$20,488
$1,000,000$9,238$29,238
$1,500,000$16,738$46,738

Worked examples

  • A Launceston rental on $300,000 of ALV: $50 + 0.45% × $175,000 = $837.50 a year.
  • The SRO’s own example — $400,000 of general land: $50 + 0.45% × $275,000 = $1,287.50. A foreign owner adds 2% × $400,000 for $9,287.50 all up.
  • A portfolio at $1,000,000: $1,737.50 + 1.5% × $500,000 = $9,237.50 — the 1.5% top rate does the damage.

Land tax is one line of the annual holding picture — the negative gearing calculator shows the after-tax cost of the whole thing, since land tax is generally deductible against rent. Buying? The LMI calculator covers mortgage insurance over 80% LVR, and the CGT calculator covers the day you eventually sell.

Frequently asked questions

What is the land tax threshold in Tasmania?
General land is tax-free to $124,999.99 of aggregated assessed land value. From $125,000 you pay $50 plus 0.45% of the excess; from $500,000 it becomes $1,737.50 plus 1.5%. The cent matters: $124,999.99 of general land owes nothing, while $125,000 owes $50.
How is land tax calculated in Tasmania?
Add up the assessed land values of all your general land at 1 July and apply the scale. Example straight from the SRO: $400,000 of general land = $50 + 0.45% × $275,000 = $1,287.50. Your principal residence and primary production land are different classifications and never enter the sum.
Who pays the foreign investor land tax surcharge (FILTS)?
A foreign person who bought residential-capable general land from 1 July 2022 — and only on the share they own. Holding half of a block assessed at $400,000, a foreign buyer pays 2% of $200,000, or $4,000 a year on top of any land tax. Land bought before that date, and exempt land like a principal residence, escapes it.
Does Tasmania tax trusts at higher rates?
No — unlike VIC, NSW, QLD and SA, Tasmania runs a single scale for individuals, companies and trusts. Aggregation still applies (related companies are grouped, and a trustee’s holdings are aggregated within the trust), but the rates don’t change with the structure.
When is Tasmanian land tax billed, and can I pay by instalments?
Liability is set by what you own at 1 July, and any bill over $500 can be paid in three instalments. On the SRO’s own $400,000 example, that is $1,287.50 split three ways.

Keep tallying

TAS

Stamp duty calculator TAS

The one-off duty when you buy — with every concession applied.

Open calculator →

Australia

Negative gearing calculator

Land tax is deductible against rent — see the true after-tax cost of holding.

Open calculator →

Sources

Prefer the method itself? See how to calculate land tax. Rates last verified 2026-08-28 for the 2026-27 assessment year. General information only — not financial, legal or tax advice.