calx.io/TAS Land Tax Calculator
Calculate annual Tasmanian land tax with the current $125,000 threshold and the foreign investor land tax surcharge.
Use the land (site) value from your valuation or assessment notice, not the property price. Add together the land values of every taxable property you own in this state. Your own home is generally exempt.
Estimates only, not financial or legal advice. Land tax rates, thresholds, exemptions, and aggregation and grouping rules change and vary with individual circumstances. Always confirm with the relevant state revenue office before relying on a figure.
Frequently asked questions
How is land tax calculated in Tasmania?
Tasmania taxes General Land (mainly rentals, holiday homes and commercial property) owned at 1 July each year. The first $125,000 of assessed land value is free, then $50 plus 0.45% applies up to $500,000, and $1,737.50 plus 1.5% above that. The same scale applies to individuals, companies and trusts.
Is my home exempt from Tasmanian land tax?
Yes. Land classified as Principal Residence Land is fully exempt, as is primary production land. Only General Land is taxed.
What is the foreign investor land tax surcharge in Tasmania?
Foreign owners pay an extra 2% of assessed land value each year on residential General Land acquired on or after 1 July 2022, on top of ordinary land tax.