The examples below show how land tax is calculated in each of the tiers using the general rates.

### Exceeds \$450,000 but not \$723,000\$0.50 for every \$100 or part \$100 above \$450,000

For this example we are using a total site value of \$600,000

Tax on \$450,000

Nil

Plus tax on \$150,000

Calculated as follows:

• 600,000 – 450,000 = 150,000
• 150,000 / 100 = 1500
• 1500 x \$0.50

\$750.00

2020-21 Tax Estimate

\$750.00

### Exceeds \$723,000 but not \$1,052,000\$1365.00 plus \$1.25 for every \$100 or part of \$100 above \$723,000

For this example we are using a total site value of \$800,000

Tax on \$723,000

\$1365.00

Plus tax on \$77,000

Calculated as follows:

• 800,000 – 723,000 = 77,000
• 77,000 / 100 = 770
• 770 x \$1.25

\$962.50

2020-21 Tax Estimate

\$2327.50

### Exceeds \$1,052,000 but not \$1,350,000\$5477.50 plus \$2.00 for every \$100 or part of \$100 above \$1,052,000

For this example we are using a total site value of \$1,235,000

Tax on \$1,052,000

\$5477.50

Plus tax on \$183,000

Calculated as follows:

• 1,235,000 – 1,052,000 = 183,000
• 183,000 / 100 = 1830
• 1830 x \$2.00

\$3660.00

2020-21 Tax Estimate

\$9137.50

### Exceeds \$1,350,000\$10,852.50 plus \$2.40 for every \$100 or part of \$100 above \$1,350,000

For this example we are using a total site value of \$1,500,000

Tax on \$1,350,000

\$11,437.00

Plus tax on \$150,000

Calculated as follows:

• 1,500,000 – 1,350,000 = 150,000
• 150,000 / 100 = 1500
• 1500 x \$2.40

\$3600.00

2020-21 Tax Estimate

\$15,037.00