Tax tables

Introduction

From 1 July 2012, the amount required to be withheld from payments made to employees and other payees has changed. Employers and other payers will be required to use the updated tax tables below to calculate withholding amounts.

The temporary flood and cyclone reconstruction levy (flood levy) and associated exemptions will cease from 1 July 2012.

Tax tables for previous years are also available.

Regular payments

Weekly tax table (Including instructions for calculating monthly and quarterly withholding)	NAT 1005
Fortnightly tax table	NAT 1006
Monthly withholding table	NAT 1007
Tax table for daily and casual workers	NAT 1024

Medicare levy

Weekly tax table with no and half Medicare levy	NAT 1008
Fortnightly withholding table with no and half Medicare levy	NAT 74228
Medicare levy adjustment weekly tax table	NAT 1010
Medicare levy adjustment fortnightly tax table	NAT 1011
Medicare levy adjustment monthly withholding table	NAT 1012

Higher Education Loan Program (HELP)

Statement of formulas for calculating Higher Education Loan Program (HELP) component	NAT 2335
HELP weekly tax table (Including statement of formulas for calculating weekly and monthly withholding)	NAT 2173
HELP fortnightly tax table	NAT 2185
HELP monthly withholding table	NAT 2186

Student Financial Supplement Scheme (SFSS)

Statement of formulas for calculating Student Financial Supplement Scheme (SFSS) component	NAT 3305
SFSS weekly tax table (Including formulas for calculating monthly withholding)	NAT 3306
SFSS fortnightly tax table	NAT 3307
SFSS monthly withholding table	NAT 3308

Superannuation payments

Tax table for superannuation lump sums	NAT 70981
Tax table for superannuation income streams	NAT 70982

Statement of formulas

Statement of formulas for calculating amounts to be withheld	NAT 1004
Statement of formulas for calculating Higher Education Loan Program (HELP) component	NAT 2335
Statement of formulas for calculating Student Financial Supplement Scheme (SFSS) component	NAT 3305
Calculating HELP in conjunction with SFSS	NAT 3539

Other tax tables

Tax table for individuals employed in the horticultural or shearing industry	NAT 1013
Tax table for actors, variety artists and other entertainers	NAT 1023
Tax table for back payments, commissions, bonuses and similar payments	NAT 3348
Tax table for annuities	NAT 3350
Tax table for unused leave payments on termination of employment	NAT 3351
Tax table for seniors and pensioners	NAT 4466
Tax table for Joint Petroleum Development Area	NAT 7288
Tax table for employment termination payments	NAT 70980

The following tax tables, whilst not updated this year, remain current:

Tax table for return to work payments	NAT 3347
Tax table for payments made under voluntary agreements	NAT 3352
PAYG withholding tax table - additional amount to withhold as a result of an upwards variation	NAT 5441

More information

Tax withheld calculator

PAYG payment summaries and guidelines

PAYG withholding updates under 'News'