Individual income tax rates (as sourced from the ATO website)
Residents: These rates apply to individuals who are Australian residents for tax purposes
The following rates for 2018–19 apply from 1 July 2018:
| 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 $90,000 |
| $180,001 and over |
$54,097 plus 45c for each $1 over $180,000 |
The above rates do not include the Medicare levy of 2%.
The above rates include changes announced in the 2018-19 Federal Budget.
The following rates for 2017–18 apply from 1 July 2017:
| 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 |
The above rates do not include the Medicare levy of 2%.
The temporary budget repair levy ceased applying from 1 July 2017.
The following rates for 2016-17 apply from 1 July 2016:
| Taxable income |
Tax on this income (new rates proposed for 2016-17) |
| 0 to $18,200 |
Nil |
| $18,201 to $37,000 |
19c for each $1 over $18,200 |
| $37,001 to $80,000* |
$3,572 plus 32.5c for each $1 over $37,000 |
| $80,001 to $180,000 |
$19,822 plus 37c for each $1 over $87,000 |
| $180,001 and over |
$54,232 plus 47c for each $1 over $180,000 |
* The above rates do not include the Medicare levy of 2%
* The above rates do not include the Temporary Budget Repair Levy. The Temporary Budget Repair Levy is payable at a rate of 2% for taxable incomes over $180,000.
The following rates for 2015-16 apply from 1 July 2015:
| Taxable income |
Tax on this income |
| 0 to $18,200 |
Nil |
| $18,201 to $37,000 |
19c for each $1 over $18,200 |
| $37,001 to $80,000 |
$3,572 plus 32.5c for each $1 over $37,000 |
| $80,001 to $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 |
* The above rates do not include the Medicare levy of 1.5%.
Foreign Residents: If you are a foreign resident for the full year, the following tax rates apply
The following rates for 2015-16 apply from 1 July 2015:
| Taxable income |
Tax on this income |
| 0 to $80,00 |
32.5c for each $1 |
| $80,001 to $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 |
* Foreign residents are not required to pay the Medicare levy.
* The above rates do not include the Temporary Budget Repair Levy. The Temporary Budget Repair Levy is payable at a rate of 2% for taxable incomes over $180,000
Children: If you are under the age of 18, and receive unearned income (for example, investment income) special rates apply.
Income of minors
A minor is a person who is under 18 years of age.
Special rules apply to the income of minors. Under these rules, certain types of income, such as a distribution from a family trust, may be taxed at higher rates.
These rules were introduced to discourage adults from splitting their income and diverting it to their children.
Some minors are excluded from the special rules and are called excepted persons. Ordinary rates of tax apply to all the income of an excepted person.
Even if a minor is not an excepted person, ordinary rates of tax still apply to certain types of income which is called excepted income.
Minors who are Australian residents do not have to lodge a tax return if they earn less than $416 in the 2017/18 income year.
In some situations, an adult should declare the income received by an associated minor.
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