Individual income tax rates

These rates apply to individuals who are Australian residents for tax purposes.

Resident tax rates 2020-21

TAXABLE INCOMETAX ON THIS INCOME
0 – $18,200Nil
$18,201 – $45,00019 cents for each $1 over $18,200
$45,001 – $120,000$5,092 plus 32.5 cents for each $1 over $45,000
$120,000 – $180,000$29,467 plus 37cents for each $1 over $120,000
$180,001 and over$51,667 plus 45 cents for each $1 over $180,000
The above rates do not include the Medicare levy 2%