Land Tax Calculator Tasmania 2025–26 | Free TAS Calculator

Free Tasmanian land tax calculator for 2025–26. Simple two-bracket system with $125,000 tax-free threshold. Enter your land value for an instant estimate.

2025–26 ATO rates · Updated 10 Feb 2026 · No signup required Estimates only. Not tax or financial advice. Full disclaimer

How does land tax work in Tasmania?

Land tax in Tasmania is an annual tax on the total taxable value of investment land you own in the state. It is assessed by State Revenue Office Tasmania based on the unimproved (site) value of your land - not the market value and not including buildings. Your principal place of residence is generally exempt. The assessment date is 1 July each year.

The current tax-free threshold for individual owners in Tasmania is $125,000. Land valued below this threshold is not subject to land tax. Above the threshold, progressive rates apply up to a top marginal rate of 1.5%.

Tasmania land tax rates and brackets

The following table shows the current land tax rates for individual owners in Tasmania. Company and trust rates may differ - check State Revenue Office Tasmania for entity-specific rates.

Taxable land value	Marginal rate	Tax payable
$0 - $124,999	Nil	Nil
$125,000 - $499,999	0.45%	$50 + 0.45% of value above $125,000
$500,000 and above	1.5%	$1,737.50 + 1.5% of value above $500,000

Source: State Revenue Office Tasmania . Retrieved 10 Feb 2026. Individual owner rates shown.

Tasmania's simple two-bracket system

Tasmania has one of the simplest land tax structures in Australia, with just two rate brackets above the $125,000 threshold. The lower rate of 0.45% applies up to $499,999, and the higher rate of 1.5% applies above $500,000. This simplicity makes it straightforward to estimate your Tasmanian land tax liability.

Worked example: Tasmania land tax

Land value: $300,000

Estimated land tax: $837.50

For land valued at $300,000 in Tasmania: the first $125,000 is tax-free. The remaining $175,000 is taxed at 0.45%, giving $50 + ($175,000 x 0.0045) = $50 + $787.50 = $837.50. The effective rate on the total land value is approximately 0.28%.

Use the calculator above to estimate land tax for your specific land value. The calculator also shows how Tasmania compares with other Australian states and territories.

City scenario: Hobart

A Hobart investor can model the TAS two-bracket structure directly, which keeps calculations simpler than multi-tier mainland schedules.

If the taxable land value in your Hobart scenario is around $300,000, this page estimates annual land tax around $837.50 under current settings.

Verify your result with the official source

Cross-check your estimate against the official guidance from State Revenue Office Tasmania . This helps confirm thresholds, rates, and eligibility details before making decisions.

Tasmania land tax exemptions

The following types of land are generally exempt from land tax in Tasmania. Specific conditions and eligibility requirements apply to each exemption - check State Revenue Office Tasmania for full details.

Principal residence
Primary production land
Land owned by charitable or religious bodies
Public statutory authority land
Land below the $125,000 threshold

Assumptions and limitations

Individual owner rates shown. Company and trust rates may differ .
The input is treated as your total taxable land value in Tasmania (excluding exempt land such as your principal residence).
Does not model specific exemptions, aggregation rules beyond total taxable land value, foreign owner surcharges, or absentee owner charges.
Rates shown are for general land from 1 July 2025. Primary production land may have different rates or exemptions.
Actual assessments may differ based on exemptions, ownership structure, and how the state aggregates land holdings.

Land tax calculators for other states

Compare land tax across all Australian states and territories or view rates for a specific state:

Land Tax Calculator (all states and territories) - compare every Australian state and territory side by side
Land Tax Calculator NSW (New South Wales) - $1,075,000 threshold
Land Tax Calculator VIC (Victoria) - $50,000 threshold
Land Tax Calculator QLD (Queensland) - $600,000 threshold
Land Tax Calculator WA (Western Australia) - $300,000 threshold
Land Tax Calculator SA (South Australia) - $833,000 threshold
Land Tax Calculator ACT (Australian Capital Territory) - No threshold (all investment land taxed) threshold
Land Tax Calculator NT (Northern Territory) - No land tax threshold

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Frequently asked questions

What is the land tax threshold in Tasmania?

The Tasmanian land tax threshold for general land is $125,000 from 1 July 2025. Land valued below this amount is not subject to land tax. This is higher than Victoria ($50,000) but lower than most other mainland states.

How is Tasmanian land tax calculated?

Tasmanian land tax is calculated on the total assessed land value of general land you own. For land valued between $125,000 and $499,999, the tax is $50 plus 0.45% of the value above $125,000. For land valued $500,000 and above, the tax is $1,737.50 plus 1.5% of the value above $500,000.

When is Tasmanian land tax assessed?

Tasmanian land tax is assessed as at 1 July each year. The State Revenue Office issues assessments based on the total assessed land value of all general land you own in Tasmania at that date.

Is my home exempt from Tasmanian land tax?

Yes. Your principal residence is generally exempt from land tax in Tasmania. Land used as your main home is classified as "principal residence land" and not included in the land tax assessment. Investment properties and other general land are not exempt.

Does Tasmania have a foreign owner land tax surcharge?

Tasmania has a foreign investor surcharge regime, but this calculator currently models only the published general land rates and does not include foreign surcharge amounts.

What types of land are classified as general land in Tasmania?

General land includes residential investment properties, vacant land, commercial and industrial land, and other land that does not qualify for an exemption. Land used as your principal residence and primary production land are classified separately and may be exempt.

How does Tasmanian land tax compare to other states?

Tasmania has a relatively low land tax burden compared to states like Victoria and NSW. The $125,000 threshold is moderate, and the top rate of 1.5% is lower than most other states. This calculator models the published general-rate schedule.

How do I find the assessed land value of my Tasmanian property?

Your assessed land value is determined by the Valuer-General and shown on your council rates notice. You can also check the Land Information System Tasmania (LIST) at list.tas.gov.au for property valuation information.

Verify your result

Cross-check your estimate with official government resources:

State Revenue Office Tasmania - Rates of land tax

Sources

State Revenue Office Tasmania - Rates of land tax (retrieved 10 Feb 2026)

Important Disclaimer

This calculator provides general information only and is not intended as tax advice, financial advice, or a recommendation to buy, sell, or hold any investment property. The results are estimates based on the information you provide and the tax rules applicable to the 2025-26 financial year.

Tax rules and rates are subject to change. The calculations may not account for all factors that apply to your specific situation, including but not limited to: HELP/HECS-HELP repayments, Medicare Levy Surcharge, private health insurance rebate adjustments, foreign income, or trust distributions.

We are not affiliated with the Australian Taxation Office (ATO) or any state or territory revenue office. All rates and thresholds are sourced from publicly available government data (see sources below).

Seek professional advice. For advice specific to your financial situation, speak with a registered tax agent, accountant, or licensed financial adviser.

Found an error? See our Corrections Policy for how to report it.

Last updated: 10 Feb 2026