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.
Last revision date: April 2025