2018 - 2019 Tax Rates
The following rates for 2018–19 apply from 1 July 2018.
The following rates do not include the:
Medicare levy of 2%
New low and middle income tax offset
A new low and middle income tax offset applies for 2018–19, 2019–20, 2020–21 and 2021–22 income years.
Australian resident individuals (and certain trustees) whose income does not exceed $125,333 are entitled to the new low and middle income tax offset. Entitlement to the new offset is in addition to the existing low income tax offset, and is available on assessment after you lodge your income tax return.
If your income:
does not exceed $37,000 you are entitled to $200
exceeds $37,000 but does not exceed $48,000, you are entitled to $200 plus 3% of the amount of the income that exceeds $37,000
exceeds $48,000 but not $90,000, you are entitled to $530
exceeds $90,000 you are entitled to $530 less 1.5% of the amount of the income that exceeds $90,000.
For more information about inclusions or exclusions in tax rates, please visit Australian Taxation Office website.
Taxable income
Tax on this income
0 – $18,200 Nil
$18,201 – $37,000 19c for each $1 over $18,200
$37,001 – $90,000 $3,572 plus 32.5c for each $1 over $37,000
$90,001 – $180,000 $20,797 plus 37c for each $1 over $87,000
$180,001 and over $54,097 plus 45c for each $1 over $180,000
2018 - 2019 Foreign Residents Tax Rates
If you are a foreign resident for the full year, the following rates for 2018–19 apply from 1 July 2018.
Please note:
Foreign residents are not required to pay the Medicare levy.
Taxable income
Tax on this income
0 – $90,000 32.5c for each $1
$90,001 – $180,000 $29,250 plus 37c for each $1 over $87,000
$180,001 and over $62,550 plus 45c for each $1 over $180,000
2017 - 2018 Tax Rates
The following rates for 2017–18 apply from 1 July 2017.
The following rates do not include the:
Medicare levy of 2%
Temporary Budget Repair Levy ceased applying from July 2017.
For more information about inclusions or exclusions in tax rates, please visit Australian Taxation Office website.
Taxable income
Tax on this income
0 – $18,200 Nil
$18,201 – $37,000 19c for each $1 over $18,200
$37,001 – $87,000 $3,572 plus 32.5c for each $1 over $37,000
$87,001 – $180,000 $19,822 plus 37c for each $1 over $87,000
$180,001 and over $54,232 plus 45c for each $1 over $180,000
2017 - 2018 Foreign Residents Tax Rates
If you are a foreign resident for the full year, the following rates for 2017–18 apply from 1 July 2017.
Please note:
Foreign residents are not required to pay the Medicare levy.
Budget repair levy ceased applying from 1 July 2017
Taxable income
Tax on this income
0 – $87,000 32.5c for each $1
$87,001 – $180,000 $28,275 plus 37c for each $1 over $87,000
$180,001 and over $62,685 plus 45c for each $1 over $180,000
2017 - 2018 Children Tax Rates
If you are under the age of 18, and receive unearned income (for example, investment income), special rates apply.
2016 - 2017 Tax Rates
The following rates for 2016–17 apply from 1 July 2016.
The following rates do not include the:
Medicare levy of 2%
Temporary Budget Repair Levy; this levy is payable at a rate of 2% for taxable incomes over $180,000.
For more information about inclusions or exclusions in tax rates, please visit Australian Taxation Office website.
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 each $1 over $180,000
2016 - 2017 Foreign Residents Tax Rates
If you are a foreign resident for the full year, the following rates for 2016–17 apply from 1 July 2016.
Please note:
Foreign residents are not required to pay the Medicare levy.
The above rates do not include the Temporary Budget Repair Levy; this levy is payable at a rate of 2% for taxable incomes over $180,000.
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 each $1 over $180,000
2016 - 2017 Children Tax Rates
If you are under the age of 18, and receive unearned income (for example, investment income), special rates apply.
