Tax Rates 2018

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    Resident tax rates 2017–18

    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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