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  • Tax rates

    The rates that apply to income the deceased estate declares depend on the period of time after the person's death.

    First three income years

    For the first three income years, the deceased estate income is taxed at the individual income tax rates, with the benefit of the full tax-free threshold, but without the tax offsets (concessional rebates), such as the low-income tax offset. No Medicare levy is payable.

    You cannot extend this concessional period of three tax years.

    Find out about:

    Example

    Joan passed away on 5 April 2014.

    The first tax year for Joan's estate will cover the period 6 April 2014 to 30 June 2014.

    The second tax year will be from 1 July 2014 to 30 June 2015.

    The third tax year will be from 1 July 2015 to 30 June 2016.

    If Joan's deceased estate earned taxable income of $18,200 or less during these years, there is no tax payable.

    End of example

    Fourth income year and later

    For deceased estates that continue to be administered beyond the third year, the following tax rates apply

    Tax tables on deceased estates after three years

    Tax rates 2017-18

    Deceased estate taxable income (no present entitlement)

    Tax rates

    $0 – $416

    Nil

    $417 – $670

    50% of the excess over $416

    $671 – $37,000

    $127.30 plus 19% of the excess over $670

    If the deceased estate taxable income exceeds $670, the entire amount from $0 will be taxed at the rate of 19%

    $37,001 – $87,000

    $7,030 plus 32.5% of the excess over $37,000

    $87,001 – $180,000

    $23,280 plus 37% of the excess over $87,000

    $180,001 and over

    $57,690 plus 45% of the excess over $180,000

    Tax rates 2018-19

    Deceased estate taxable income (no present entitlement)

    Tax rates

    $0 – $416

    Nil

    $417 – $670

    50% of the excess over $416

    $671 – $37,000

    $127.30 plus 19% of the excess over $670

    If the deceased estate taxable income exceeds $670, the entire amount from $0 will be taxed at the rate of 19%

    $37,001 – $90,000

    $7,030 plus 32.5% of the excess over $37,000

    $90,001 – $180,000

    $24,255 plus 37% of the excess over $90,000

    $180,001 and over

    $57,555 plus 45% of the excess over $180,000

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    Last modified: 29 Jun 2018QC 49909