Australian Income Tax Rates 2015-16
Tax rates 2015-16
The following rates for 2015-16 apply from 1 July 2015.
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%
- Temporary Budget Repair Levy; this levy is payable at a rate of 2% for taxable incomes over $180,000.
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%
- Temporary Budget Repair Levy; this levy is payable at a rate of 2% for taxable incomes over $180,000.
Tax rates 2013-14
The following rates for 2013-14 apply 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 |
Tax rates 2012-13
The following rates for 2012-13 apply from 1 July 2012.
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%
Tax rates 2011-12
The following rates for 2011-12 apply from 1 July 2011.
Taxable income |
Tax on this income |
0 - $6,000 |
Nil |
$6,001 - $37,000 |
15c for each $1 over $6,000 |
$37,001 - $80,000 |
$4,650 plus 30c for each $1 over $37,000 |
$80,001 - $180,000 |
$17,550 plus 37c for each $1 over $80,000 |
$180,001 and over |
$54,550 plus 45c for each $1 over $180,000 |
The above rates do not include the Medicare levy of 1.5%
The above rates do not include the Flood levy
Click here to check the Australian Tax Office Website for updates