These rates apply to individuals who are Australian residents for tax purposes.
Resident tax rates 2020-21
| TAXABLE INCOME | TAX ON THIS INCOME |
| 0 – $18,200 | Nil |
| $18,201 – $45,000 | 19 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 |
