Tax Rates 2018
Resident tax rates 2017–18
|
Taxable income |
Tax on this income |
|---|---|
|
0 – $18,200 |
Nil |
|
$18,201 – $37,000 |
19c for each $1 over $18,200 |
|
$37,001 – $87,000 |
$3,572 plus 32.5c for each $1 over $37,000 |
|
$87,001 – $180,000 |
$19,822 plus 37c for each $1 over $87,000 |
|
$180,001 and over |
$54,232 plus 45c for each $1 over $180,000 |
The above rates do not include the Medicare levy of 2%.
The temporary budget repair levy ceased applying from 1 July 2017.
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