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 |