Tasmania · Land tax
TAS land tax calculator
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.
Rates verified against the official sources — how we check.
Your tally
That's an effective 0.32% of your taxable land value, each year.
Estimate for standard holdings. Exemptions (home, primary production and others), joint ownership and grouping rules change the result — confirm with SRO Tasmania.
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
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 FILTS — a flat 2% of the whole value, with no threshold, even when the land tax itself is nil.
TAS land tax rates — general land
| Taxable value | Land tax |
|---|---|
| Up to $124,999 | Nil |
| $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 2% FILTS on the whole 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:
| Taxable land value | Land tax | Foreign owner (with FILTS) |
|---|---|---|
| $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?
How is land tax calculated in Tasmania?
Who pays the foreign investor land tax surcharge (FILTS)?
Does Tasmania tax trusts at higher rates?
When is Tasmanian land tax billed, and can I pay by instalments?
Keep tallying
Sources
- SRO Tasmania — Rates of land tax
- SRO Tasmania — Land tax
- SRO Tasmania — Foreign investor land tax surcharge
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.