landtax

SOUTH AUSTRALIA – 2003
Threshold $50,000
Tax Rate $50,001 – $300,000 .35% of every dollar above $50,000
Tax Rate $300,000 – $1,000,000 $875 plus 1.65% of every dollar above $300,000
Tax Rate $1,000,001 and above $12,425 plus 3.7% of every dollar above $1,000,000

===========================
New South Wales – 2003
(updated as on 1st January every year)
Threshold $260,999 no threshold for trustees, companies
Tax rate $100 plus 1.7% of every dollar above $260,999
===========================
Queensland – 2003/2004
(updated 30 June)
Threshold – person $275,997
Threshold – company/trustee $170,000

Less than $4,000 0.20 cents in each $
$4,000 – $5,999 $8.00 plus 0.36% of every dollar above $4,000
$6,000 – $9,999 $15.20 plus 0.52% of every dollar above $6,000
$10,000 – $29,999 $36.00 plus 0.70% of every dollar above $10,000
$30,000 – $49,999 $176.00 plus 0.87% of every dollar above $30,000
$50,000 – $199,999 $350.00 plus 1.03% of every dollar above $50,000

$200,000 – $349,999 $1,895.00 plus 1.20% of every dollar above $200,000
$350,000 – $499,999 $3,695.00 plus 1.37% of every dollar above $350,000
$500,000 – $649,999 $5,750.00 plus 1.54% of every dollar above $500,000
$650,000 – $799,999 $8,060.00 plus 1.71% of every dollar above $650,000
$800,000 – $949,999 $10,625.00 plus 1.89% of every dollar above $800,000
$950,000 – $1,099,999 $13,460.00 plus 2.01% of every dollar above $950,000
$1,100,000 – $1,249,999 $16,475.00 plus 2.23% of every dollar above $1,100,000
$1,250,000 – $1,299,999 $19,820.00 plus 2.44% of every dollar above $1,250,000
$1,300,000 – $1,349,999 $21,040.00 plus 2.66% of every dollar above $1,300,000
$1,350,000 – $1,399,999 $22,370.00 plus 2.87% of every dollar above $1,350,000
$1,400,000 – $1,449,999 $23,805.00 plus 3.09% of every dollar above $1,400,000
$1,450,000 – $1,499,999 $25,350.00 plus 3.3% of every dollar above $1,450,000
$1,500,000 or more 1.80% of every dollar above $1,500,000

===========================
Victoria – 2003

Threshold – anyone $149,999
Tax Rate $150,000 – $199,999 $150 plus .1% of every dollar above $150,000
Tax Rate $200,000 – $539,999 $150 plus .2% of every dollar above $200,000
Tax Rate $540,000 – $674,999 $880 plus .5% of every dollar above $540,000
Tax Rate $675,000 – $809,999 $1,555 plus 1% of every dollar above $675,000
Tax Rate $810,000 – $1,079,999 $2,905 plus 1.75% of every dollar above $810,000
Tax Rate $1,080,000 – $1,619,999 $7,630 plus 2.75% of every dollar above $1,080,000
Tax Rate $1,620,000 – $2,699,999 $22,480 plus 3% of every dollar above $1,620,000
Tax Rate $2,700,000 and over $54,880 plus 5% of every dollar above $2,700,000
===================================
Western Australia – 2003/2004
(updated 30 June)
Threshold $49,999
Tax Rate $50,000 – $190,000 $75 plus .15% of every dollar above $50,000
Tax Rate $190,000 – $550,000 $285 plus .45% of every dollar above $190,000
Tax Rate $550,000 – $2,000,000 $1,905 plus 1.76% of every dollar above $550,000
Tax Rate $2,000,000 – $5,000,000 $27,425 plus 2.3% of every dollar above $2,000,000

MRIT 1.5% for every dollar
==============================
ACT – 2003/2004
(updated 30 June)
RESIDENTIAL
Threshold none
Tax Rate up to $100,000 1%
Tax Rate $100,001 – $200,000 1.25%
Tax Rate $200,001 and above 1.50%
COMMERCIAL
Threshold none
Tax Rate up to $100,000 1%
Tax Rate $100,001 – $200,000 1.40%
Tax Rate $200,001 and above 1.70%

LAND RATES
Threshold $19,000
Tax Rate – Residential $320 plus 0.5103% of every dollar above $19,000
Tax Rate – Commercial $320 plus 1.2694% of every dollar above $19,000
Tax Rate – Rural 0.25515% of every dollar above $19,000
=====================================
TASMANIA – 2003
Threshold $14,999
Tax Rate $15,000 – $99,999.99 $25 plus .55% of every dollar above $15,000
Tax Rate $100,000 – $199,999.99 $492.50 plus 1.25% of every dollar above $100,000
Tax Rate $200,000 – $499,999.99 $1,742.50 plus 2.25% of every dollar above $200,000
Tax Rate $500,000 and above $8492.50 plus 2.5% of every dollar above $500,000
=====================================

I hope this help.

Warm Regards

ChanDollars
[Keep going, you’re on your way to financial freedom]