QLD · threshold $350,000 Current rates
Queensland Land Tax for Companies and Trusts
A company or trustee in Queensland is liable from $350,000, not $600,000 — and above $5,000,000 the rates are higher than the individual table. This calculator uses the company and trust table published by the Queensland Revenue Office.
1 Enter your total taxable value2 See the land tax you owe
Step 2 · your result
Estimated land tax
$0
for the current land tax year
- Total taxable value
- $0
- Land tax threshold
- $0
- Effective rate
- —
Rates from the Queensland Revenue Office, checked 15 October 2026. The calculator above does not apply the foreign surcharge, because it does not apply to Australian companies or trusts. General estimate only — not tax advice.
Company and trust land tax rates
| Total taxable value | Rate of tax |
|---|---|
| $0 – $349,999 | $0 |
| $350,000 – $2,249,999 | $1,450 plus 1.7 cents for each $1 more than $350,000 |
| $2,250,000 – $4,999,999 | $33,750 plus 1.5 cents for each $1 more than $2,250,000 |
| $5,000,000 – $9,999,999 | $75,000 plus 2.25 cents for each $1 more than $5,000,000 |
| $10,000,000 or more | $187,500 plus 2.75 cents for each $1 more than $10,000,000 |
Source: Queensland Revenue Office, checked 15 October 2026. Table reproduced exactly as published.
The 3% surcharge for foreign companies and trusts
(taxable value − $350,000) × 3%
A foreign company or the trustee of a foreign trust pays 3% on taxable land valued at $350,000 or more, on top of the land tax rates above. An Australian company or trust does not pay it.
Worked examples — the two QRO publishes
| Situation | Tax payable |
|---|---|
| An Australian company with $6,400,000 of land: $75,000 + (2.25c × $1,400,000) | $106,500 |
| A trustee of a self-managed super fund with $760,000: $1,450 + (1.7c × $410,000) | $8,420 |
Same land, different table: $6,400,000 assessed on the individual rates would be $87,000 — $19,500 less than the company pays. The gap widens as the holding grows, because the top two bands are higher again.
How the rules work in practice
- For land tax, a company includes clubs, associations and societies — not just companies registered with ASIC.
- A trustee is liable from $350,000 of total taxable value. Trust land is registered in the trustee’s name.
- Land held for one trust is assessed separately: QRO does not add it to land you hold as trustee of another trust (unless it is a cloned trust), or to land you hold as an individual or through a company. Aggregating it yourself is the most common way to overpay.
- A trustee of a special disability trust is treated as an individual — a $600,000 threshold and the individual rates.
- A foreign company or the trustee of a foreign trust pays a further 3% surcharge on taxable land of $350,000 or more. An Australian company does not.
- The rates jump at the threshold by design: the published table goes from "$0 – $349,999: $0" straight to "$1,450 plus 1.7 cents", so one extra dollar of value costs $1,450.
Frequently asked questions
What is the land tax threshold for a company or trust in Queensland?
$350,000, against $600,000 for an individual. A company here includes clubs, associations and societies, and the threshold applies to the total taxable value of everything the company owns — land owned solely plus its share of land owned jointly.
Do the rates differ from the individual table?
Yes, in two ways. The table starts at $350,000 instead of $600,000, and from $5,000,000 the marginal rates are higher — 2.25 cents in the dollar against 1.75 for an individual, and 2.75 cents from $10,000,000 against 2.25. That is why a company with a large holding cannot use an individual-rates calculator.
Is a self-managed super fund trustee taxed as a company?
It is taxed as a trustee, which means the company and trust table applies — QRO’s own worked example for a trustee of an SMSF uses it. The exception is a special disability trust, whose trustee is treated as an individual, with the $600,000 threshold and the individual rates.
Does my trust’s land get added to my own land?
No — and this is where people overpay. Land held for one trust is assessed separately. When calculating the total taxable value, QRO does not add land held for one trust to land you hold as trustee of another trust (unless it is a cloned trust), or to land you hold as an individual or through a company.
What about a foreign company or foreign trust?
A further 3% surcharge applies on taxable land of $350,000 or more, on top of the rates above. It is the same 3% an absentee individual pays, but it applies only to a foreign company or the trustee of a foreign trust — an Australian company does not pay it. The calculator above therefore does not apply it; use QRO’s own estimator if this is you.
Why does the tax jump to $1,450 at exactly $350,000?
Because that is what QRO publishes: "$0–$349,999: $0", then "$350,000–$2,249,999: $1,450 plus 1.7 cents for each $1 more than $350,000". One extra dollar of land value therefore costs $1,450. It looks like a rounding error and it is not — it is a published step, and every band above it is continuous.
The other Queensland tables
- Queensland land tax for individuals — the $600,000 threshold and the resident rates
- Queensland land tax for absentees — $350,000 threshold
- Every state’s land tax compared
Buying as well as owning? Queensland transfer duty is the one-off tax on the purchase — and a foreign buyer pays an extra 8% on residential land.
Source: Queensland Revenue Office — QLD companies & trusts, checked 15 October 2026.