For educational purposes only. Not tax, legal, or financial advice. Tax laws change frequently. Consult a registered tax agent or CPA for your specific situation.

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    TaxKiln Australia
    States & territories

    Tasmania state taxes

    Tasmania runs a tighter rate book than the mainland — but the 8% Foreign Investor Duty Surcharge is on par with VIC, and land tax aggregates against the PPR exemption from 1 July each year. Payroll tax has a two-tier structure that bites at $2m wages.

    Land transfer duty + concessions

    Standard residential transfer duty climbs through marginal brackets. PPR and FHB concessions apply within published thresholds; FHB and pensioner concessions are reviewed at each budget — verify current eligibility caps with SRO Tasmania before settlement.

    Foreign Investor Duty Surcharge (FIDS)

    FIDS adds 8% to transfer duty for foreign individuals, corporations, and trusts purchasing residential property in Tasmania.

    Land tax — 1 July assessment

    Unlike NSW (31 December) and VIC (31 December), Tasmania assesses land tax at midnight 30 June / 1 July each year. PPR is exempt; aggregation applies across an owner's holdings.

    Payroll tax — two tiers

    Threshold $1.25m, rate 4% on the slice $1.25m–$2m and 6.1% on the slice above $2m grouped Australian wages.

    Calculators + sources

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