Tax Rates of Property Tax

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

Year of Assessment Tax Rate
2008/09 onwards 15%
2004/05 to 2007/08 # 16%
2003/04 15.5%
2002/03 15%

 

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

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Last revision date: June 2019