Queensland Consolidated Acts

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LAND TAX ACT 2010 - SCHEDULE 1

SCHEDULE 1 – Rate of land tax—individuals other than absentees and trustees

Column 1
Total taxable value
Column 2
Tax payable
less than $600,000 nil
$600,000 or more but less than $1,000,000 $500 plus 1.0c for each $1 more than $600,000
$1,000,000 or more but less than $3,000,000 $4,500 plus 1.65c for each $1 more than $1,000,000
$3,000,000 or more but less than $5,000,000 $37,500 plus 1.25c for each $1 more than $3,000,000
$5,000,000 or more but less than $10,000,000 $62,500 plus 1.75c for each $1 more than $5,000,000
$10,000,000 or more $150,000 plus 2.25c for each $1 more than $10,000,000



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