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Individual income tax rates
These rates apply to individuals who:
- are residents of Australia for tax purposes for the whole financial
year, and
- did not leave full-time education for the first time during the
financial year.
| Taxable income |
Tax on this income |
| $0 – $6,000 |
Nil |
| $6,001 – $25,000 |
15c for each $1 over $6,000 |
| $25,001 – $75,000 |
$2,850 plus 30c for each $1 over $25,000 |
| $75,001 – $150,000 |
$17,850 plus 40c for each $1 over $75,000 |
| $150,001 and over |
$47,850 plus 45c for each $1 over $150,000 |
| Taxable income |
Tax on this income |
| $1 – $6,000 |
Nil |
| $6,001 – $30,000 |
15c for each $1 over $6,000 |
| $30,001 – $75,000 |
$3,600 plus 30c for each $1 over $30,000 |
| $75,001 – $150,000 |
$17,100 plus 40c for each $1 over $75,000 |
| $150,001 and over |
$47,100 plus 45c for each $1 over $150,000 |
The above rates do not include the Medicare levy of
1.5%.
Tax offsets reduce the tax payable. Tax offsets based on taxable income
levels apply to a range of circumstances.
If you are a non-resident for the full year, the following rates apply:
| Taxable income |
Tax on this income |
| $0 – $25,000 |
29c for each $1 |
| $25,001 – $75,000 |
$7,250 plus 30c for each $1 over $25,000 |
| $75,001 – $150,000 |
$22,250 plus 40c for each $1 over $75,000 |
| $150,001 and over |
$52,250 plus 45c for each $1 over $150,000 |
| Taxable income |
Tax on this income |
| $0 – $30,000 |
29c for each $1 |
| $30,001 – $75,000 |
$8,700 plus 30c for each $1 over $30,000 |
| $75,001 – $150,000 |
$22,200 plus 40c for each $1 over $75,000 |
| $150,001 and over |
$52,200 plus 45c for each $1 over $150,000 |
Non-residents are not required to pay the Medicare levy.
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