Rate of surcharge

​​The ​Foreign Investor Land Tax Surcharge (FILTS)​ is charged as additional land tax on the portion of general land owned by a foreign person on property which is acquired on or after 1 July 2022.

Where liable, FILTS will apply at 2 per cent of the assessed land value of the portion of the property which is foreign owned.

Where your assessed land value is below the land tax threshold, you may be required to pay FILTS even though you do not pay land tax.

For calculation examples, refer to:

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