24 April, 2014

Current Australian IncomeTax rates

A. Resident Individual Income Tax Rates

The tax rates appearing in the tables below 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.

Note that these tax rates do not include the Medicare Levy or Medicare Levy Surcharge, with the former increasing to a rate of 2% from 1 July, 2014 to fund the National Disability Care programme. Also see our Australian Tax Quick Reckoning Guide for an estimate of tax paid on certain levels of income.


 Resident Tax Rates 2012 - 2014

Taxable income

Tax on this income

$0 – $18,200

Nil

$18,201– $37,000

19c for each $1 over $18,200

$37,001 - $80,000

$3,572 plus 32.5c for each $1 over $37,000

$80,001 - $180,000

$17,547 plus 37c for each $1 over $80,000

$180,001 and over

$54,547 plus 45c for every $1 over $180,000

 

Resident Tax Rates 2010 - 2011 and 2011 - 2012*  

Taxable income

Tax on this income

$0 – $6,000

Nil

$6,001 – $37,000

15c for each $1 over $6,000

$37,001 - $80,000

$4,650 plus 30c for each $1 over $37,000

$80,001 – $180,000

$17,550 plus 37c for each $1 over $80,000

$180,001 and over

$54,550 plus 45c for each $1 over $180,000

 

 *Note that an additional Flood Levy is payable on incomes over $50,000 pa for the 2011-2012 tax year.

Resident Tax Rates 2009 - 2010 

Taxable income

Tax on this income

$0 – $6,000

Nil

$6,001 – $35,000

15c for each $1 over $6,000

$35,001 - $80,000

$4,350 plus 30c for each $1 over $35,000

$80,001 – $180,000

$17,850 plus 38c for each $1 over $80,000

$180,001 and over

$55,850 plus 45c for each $1 over $180,000

 

Resident Tax Rates 2008 - 2009  

Taxable income

Tax on this income

$0 – $6,000

Nil

$6,001 – $34,000

15c for each $1 over $6,000

$34,001 - $80,000

$4,200 plus 30c for each $1 over $34,000

$80,001 – $180,000

$18,000 plus 40c for each $1 over $80,000

$180,001 and over

$58,000 plus 45c for each $1 over $180,000

 

Resident Tax Rates 2007 - 2008  

Taxable income

Tax on this income

$0 – $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

 

 B. Non-Resident Individual Income Tax Rates

Non-Resident Tax Rates 2012 - 2015 

Taxable income

Tax on this income

$0 – $80,000

32.5c for each $1

$80,001 - $180,000

$26,000 plus 37c for each $1 over $80,000

$180,001 and over

$63,000 plus 45c for every $1 over $180,000

 

Non-Resident Tax Rates 2010 - 2011 and 2011 - 2012*  

Taxable income

Tax on this income

$0 – $37,000

29c for each $1

$37,001– $80,000

$10,730 plus 30c for $1 over $37,000

$80,001 - $180,000

$23,630 plus 37c for each $1 over $80,000

$180,001 and over

$60,630 plus 45c for every $1 over $180,000

  
*Note that an additional Flood Levy is payable on incomes over $50,000 pa for the 2011-2012 tax year.

Non-Resident Tax Rates 2009 - 2010  

Taxable income

Tax on this income

$0 – $35,000

29c for each $1

$35,001– $80,000

$10,150 plus 30c for $1 over $35,000

$80,001 - $180,000

$23,650 plus 38c for each $1 over $80,000

$180,001 and over

$61,650 plus 45c for every $1 over $180,000

 

Non-Resident Tax Rates 2008 - 2009  

Taxable income

Tax on this income

$0 – $34,000

29c for each $1

$34,001– $80,000

$9,860 plus 30c for $1 over $34,000

$80,001 - $180,000

$23,660 plus 40c for each $1 over $80,000

$180,001 and over

$63,660 plus 45c for every $1 over $180,000

 

Non-Resident Tax Rates 2007 - 2008

Taxable income

Tax on this income

$0 – $30,000

29c for each $1

$30,001– $75,000

$8,700 plus 30c for $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 every $1 over $150,000

 

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