From Land Tax year 2019 -2020, there has been a change to the tax rates. They are as follows: Improved Land (for Residential purposes) 0.0% of land valued up to $150,000 0.1% on the excess of the improved value greater than $150,000 but not exceeding $450,000 0.7% on the excess of the improved value greater than $450,000 but not exceeding $850,000 1.0% on the excess of the improved value greater than $850,000 Read full information about this article, follow this link: https://barbadoslandforsale.com/how-is-land-tax-calculated/