Assessed or apportioned assessed land value of land

Amounts and rates of land tax

Less than $25 000

Nil

$25 000 - $349 999.99

$50 and 0.55 cents for each dollar of the assessed land value or apportioned assessed land value in excess of $25 000

$350 000 - $749 999.99

$1 837.50 and 2.0 cents for each dollar of the assessed land value or apportioned assessed land value in excess of $350 000

$750 000 or more

$9 837.50 and 2.5 cents for each dollar of the assessed land value or apportioned assessed land value in excess of $750 000