Holding Tax Calculator (Bangladesh)
Estimate your annual holding tax on a city house or flat in Bangladesh and the rebate you get for paying before the deadline.
Recent
Formula
How the calculation works
Enter the annual assessed value of your property and the tax rate, which is 12 percent in the Dhaka city corporations, made up of 7 percent holding, 2 percent cleanliness and 3 percent lighting tax.
Choose whether you are paying within the rebate deadline, because city corporations give a discount for early payment.
The tool multiplies the annual value by the rate to give the annual tax, subtracts any rebate and shows the amount payable.
Common mistakes
- Confusing the annual assessed value with the monthly rent, since the tax is charged on the assessed value, not on what tenants pay.
- Missing the rebate deadline by a few days, because the discount is lost in full and the whole tax then has to be paid.
When to use it
- Use it to check the holding tax a city corporation demands before you pay the bill.
- Use it to see how much the early payment rebate saves you if you clear the tax within the deadline.
Worked example
An annual assessed value of Tk 32,500 at the 12 percent rate gives an annual tax of Tk 3,900. Paying early with a 10 percent rebate cuts Tk 390, so the payable amount is Tk 3,510.
Common questions
What makes up the 12 percent holding tax rate?
In the Dhaka city corporations the 12 percent annual rate is split into 7 percent holding tax, 2 percent cleanliness tax and 3 percent lighting tax.
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