Land Development Tax Calculator
Computes the land development tax on your land value and adds any surcharge to show the total amount payable.
Recent
Formula
How the calculation works
The calculator multiplies the assessed land value by the annual rate and divides by one hundred to give the base development tax.
Any surcharge for holding land above the ceiling is then added to that base tax to reach the total payable amount.
The result is shown in Bangladeshi taka so it can be compared directly with the land office demand notice.
Common mistakes
- Using the market price of the plot instead of the assessed value used by the land office inflates the tax well beyond the actual demand.
- Forgetting the surcharge that applies above the holding ceiling understates what has to be paid at the counter.
When to use it
- Use it before paying at the land office to check that the printed demand matches the value and rate applied to your plot.
- Use it to see how a revaluation of the plot changes the yearly tax before you buy or register additional land.
Worked example
For land valued at 2,000,000 BDT with a 1 percent rate, the tax is 2,000,000 times 1 divided by 100, which is 20,000 BDT. With a 2,000 BDT surcharge the total payable is 22,000 BDT.
Common questions
Is land development tax charged every year on the same value?
Yes. It is an annual tax on the assessed value, so the amount stays the same until the land office revises the valuation or the rate changes.
Related tools
-
Land Area Converter
Convert between bigha, katha, shotok, acre and square feet.
-
Gold Weight Converter
Convert gold weight between bhori, ana, grams and tola.
-
Zakat Calculator
Work out zakat at 2.5% on wealth above the nisab threshold.
-
Gratuity Calculator
Gratuity due on leaving a job, counted per completed year of service.
-
Remittance Cost
What a remittance really costs once the fee and a weak exchange rate are counted.
-
Compare Two Job Offers
Compare two offers on total yearly value, counting bonus, allowances and commuting.
-
Gold Loan Value
How much a loan against gold is worth, from weight and purity.
-
Property Tax and Registration
The cost of buying a property beyond the price, due on the day.