Individual income tax rates 2022ā€“23

Residents

These rates apply to individuals who areĀ Australian residentsĀ for tax purposes.

Resident tax rates 2022ā€“23

Resident tax rates 2022ā€“23
Taxable income Tax on this income
0 ā€“ $18,200 Nil
$18,201 ā€“ $45,000 19Ā cents for each $1 over $18,200
$45,001 ā€“ $120,000 $5,092 plus 32.5Ā cents for each $1 over $45,000
$120,001 ā€“ $180,000 $29,467 plus 37Ā cents for each $1 over $120,000
$180,001 and over $51,667 plus 45Ā cents for each $1 over $180,000

The above ratesĀ do notĀ include theĀ Medicare levyĀ of 2%.

Resident tax rates 2021ā€“22

Resident tax rates 2021ā€“22
Taxable income Tax on this income
0 ā€“ $18,200 Nil
$18,201 ā€“ $45,000 19Ā cents for each $1 over $18,200
$45,001 ā€“ $120,000 $5,092 plus 32.5Ā cents for each $1 over $45,000
$120,001 ā€“ $180,000 $29,467 plus 37Ā cents for each $1 over $120,000
$180,001 and over $51,667 plus 45Ā cents for each $1 over $180,000

The above ratesĀ do notĀ include theĀ Medicare levyĀ of 2%.

Foreign residents

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

Foreign resident tax rates 2022ā€“23

Foreign resident tax rates 2022ā€“23
Taxable income Tax on this income
0 ā€“ $120,000 32.5Ā cents for each $1
$120,001 ā€“ $180,000 $39,000 plus 37Ā cents for each $1 over $120,000
$180,001 and over $61,200 plus 45Ā cents for each $1 over $180,000

Foreign resident tax rates 2021ā€“22

Foreign resident tax rates 2021ā€“22
Taxable income Tax on this income
0 ā€“ $120,000 32.5Ā cents for each $1
$120,001 ā€“ $180,000 $39,000 plus 37Ā cents for each $1 over $120,000
$180,001 and over $61,200 plus 45Ā cents for each $1 over $180,000

Children

If you areĀ 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).

Working holiday maker tax rates 2022ā€“23

Working holiday maker tax rates 2022ā€“23
Taxable income Tax on this income
0 ā€“ $45,000 15%
$45,001 ā€“ $120,000 $6,750 plus 32.5Ā cents for each $1 over $45,000
$120,001 ā€“ $180,000 $31,125 plus 37Ā cents for each $1 over $120,000
$180,001 and over $53,325 plus 45Ā cents for each $1 over $180,000

Working holiday maker tax rates 2021ā€“22

Working holiday maker tax rates 2021ā€“22
Taxable income Tax on this income
0 ā€“ $45,000 15%
$45,001 ā€“ $120,000 $6,750 plus 32.5Ā cents for each $1 over $45,000
$120,001 ā€“ $180,000 $31,125 plus 37Ā cents for each $1 over $120,000
$180,001 and over $53,325 plus 45Ā cents for each $1 over $180,000

Calculators

A simple tax calculator is available to help you calculate the tax on your taxable income.

TheĀ Income tax estimatorĀ 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 ourĀ Tax withheld calculator.

Our other useful calculators include:

Last modified: 01 Jul 2022

 

(ATO)

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Categories: Tax