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  • Individual income tax rates

    Residents

    These rates apply to individuals who are Australian residents for tax purposes (refer to Residency – what you need to know for more information).

    Tax rates 2014-15

    The following rates for 2014-15 apply from 1 July 2014.

    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

    The above rates do not include the Medicare levy of 2%

    Find out more

    Medicare levy

    End of find out more

    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.

    Find out more

    Temporary Budget Repair Levy

    End of find out more

    Tax rates 2013-14

    The following rates for 2013-14 applied from 1 July 2013.

    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

    The above rates do not include the Medicare levy of 1.5%.

    Find out more

    Medicare levy

    End of find out more

    Foreign residents

    If you are a foreign resident for the full year, the following rates apply:

    Tax rates 2014–15

    The following rates for 2014–15 apply from 1 July 2014.

    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

    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.

    Find out more

    Temporary Budget Repair Levy

    End of find out more

    Tax rates 2013–14

    The following rates for 2013–14 applied from 1 July 2013.

    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

    Foreign residents are not required to pay the Medicare levy.

    Children

    If you are under the age of 18, and receive unearned income (for example, investment income), special rates apply. Refer to Income of individuals under the age of 18.

    Calculators

    A simple tax calculator is available to help you calculate the tax on your taxable income. The Comprehensive tax calculator also takes into account Medicare levy, higher education loan scheme repayments, tax offsets and tax credits to give you an estimate of the amount of your tax refund or debt.

    Tax deducted from your pay

    If you want to know how much your employer (or other payer) is required to withhold from payments to you, use the Tax withheld calculator.

    Watch

    Video tax tips on the Australian Taxation Office's YouTube channelExternal Link

    End of watch

    If you need help applying this information to your personal situation, phone us on 13 28 61.

    Last modified: 13 Aug 2014QC 16218