Tools

Tax rates

Personal Tax Rates 2016/17:

  • Taxable income: 0 – $18,200 Tax on this income: Nil

  • Taxable income: $18,201 – $37,000Tax on this income: 19c for each $1 over $18,200

  • Taxable income: $37,001 – $87,000Tax on this income: $3,572 plus 32.5c for each $1 over $37,000

  • Taxable income: $87,001 – $180,000 Tax on this income: $19,822 plus 37c for each $1 over $87,000

  • Taxable income: $180,001 and over Tax on this income: $54,232 plus 45c for each $1 over $180,000

Personal Tax Rates 2015/16:

  • Taxable income: 0 – $18,200Tax on this income: Nil

  • Taxable income: $18,201 – $37,000 Tax on this income: 19c for each $1 over $18,200

  • Taxable income: $37,001 – $80,000 Tax on this income: $3,572 plus 32.5c for each $1 over $37,000

  • Taxable income: $80,001 – $180,000 Tax on this income: $17,547 plus 37c for each $1 over $80,000

  • Taxable income: $180,001 and overTax on this income: $54,547 plus 45c for each $1 over $180,000

The above tax rates do not include:

  • > Medicare levy of 2%
  • > Temporary Budget Repair Levy; this levy is payable at a rate of 2% for taxable incomes over $180,000.

Worksheets

To access our worksheets please click on the following links:


Australian Taxation Office

Visit the Australian Taxation Office website: