Individual income tax rates
These rates show the amount of tax payable in every dollar for each income bracket for individual taxpayers.
Find out about income tax rates depending on your circumstances:
Residents
These rates apply to individuals who are Australian residents for tax purposes.
2023–24
Resident tax rates 2023–24
Taxable income
|
Tax on this income
|
0 – $18,200
|
Nil
|
$18,201 – $45,000
|
19c for each $1 over $18,200
|
$45,001 – $120,000
|
$5,092 plus 32.5c for each $1 over $45,000
|
$120,001 – $180,000
|
$29,467 plus 37c for each $1 over $120,000
|
$180,001 and over
|
$51,667 plus 45c for each $1 over $180,000
|
The above rates do not include the Medicare levy of 2%.
2022–23
Resident tax rates 2022–23
Taxable income
|
Tax on this income
|
0 – $18,200
|
Nil
|
$18,201 – $45,000
|
19c for each $1 over $18,200
|
$45,001 – $120,000
|
$5,092 plus 32.5c for each $1 over $45,000
|
$120,001 – $180,000
|
$29,467 plus 37c for each $1 over $120,000
|
$180,001 and over
|
$51,667 plus 45c for each $1 over $180,000
|
The above rates do not include the Medicare levy of 2%.
Foreign residents
These rates apply to individuals who are foreign residents for tax purposes.
2023–24
Foreign resident tax rates 2023–24
Taxable income
|
Tax on this income
|
0 – $120,000
|
32.5c for each $1
|
$120,001 – $180,000
|
$39,000 plus 37c for each $1 over $120,000
|
$180,001 and over
|
$61,200 plus 45c for each $1 over $180,000
|
2022–23
Foreign resident tax rates 2022–23
Taxable income
|
Tax on this income
|
0 – $120,000
|
32.5c for each $1
|
$120,001 – $180,000
|
$39,000 plus 37c for each $1 over $120,000
|
$180,001 and over
|
$61,200 plus 45c for each $1 over $180,000
|
Children
If you are under the age of 18, and receive unearned income (for example, investment income), special rates apply.
Working holiday makers
These rates apply to working holiday maker income if you are either:
You are a working holiday maker if you have a visa subclass:
- 417 (Working Holiday)
- 462 (Work and Holiday).
2023–24
Working holiday maker tax rates 2023–24
Taxable income
|
Tax on this income
|
0 – $45,000
|
15c for each $1
|
$45,001 – $120,000
|
$6,750 plus 32.5c for each $1 over $45,000
|
$120,001 – $180,000
|
$31,125 plus 37c for each $1 over $120,000
|
$180,001 and over
|
$53,325 plus 45c for each $1 over $180,000
|
2022–23
Working holiday maker tax rates 2022–23
Taxable income
|
Tax on this income
|
0 – $45,000
|
15c for each $1
|
$45,001 – $120,000
|
$6,750 plus 32.5c for each $1 over $45,000
|
$120,001 – $180,000
|
$31,125 plus 37c for each $1 over $120,000
|
$180,001 and over
|
$53,325 plus 45c for each $1 over $180,000
|
Calculators
A simple tax calculator is available to help you calculate the tax on your taxable income.
The Income tax estimator gives you an estimate of the amount of your tax refund or debt, and takes into account:
- the Medicare levy
- higher education loan scheme repayments
- tax offsets
- tax credits.
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 our Tax withheld calculator.
Our other useful calculators include:
These rates show the amount of tax payable in every dollar for each income bracket for individual taxpayers.Last modified: 06 Jun 2023QC 16218