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