Tax Rates of Property Tax

Below is the tax rate of property tax for different years of assessment.

Year of AssessmentTax Rate
2008/09 onwards15%
2004/05 to 2007/08 #16%
2003/0415.5%
2002/0315%

 

# 75% of the 2007/08 property tax is waived subject to a ceiling of $25,000 per case.

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