Individual Tax
All Links will take you to the ATO Web Page.
Tax Calculators:
1. Comprehensive Individaul Tax Calculator:
2. Simple Individaul Tax Calculator:
3. Individaul Tax Rates:
Tax Rates 2011-12
The following rates for 2011-12 apply from 1st July 2011
|
Taxable income |
Tax on this income |
|
0 - $6,000 |
Nil |
|
$6,001 - $37,000 |
15c for each $1 over $6,000 |
|
$37,001 - $80,000 |
$4,650 plus 30c for each $1 over $37,000 |
|
$80,001 - $180,000 |
$17,550 plus 37c for each $1 over $80,000 |
|
$180,001 and over |
$54,550 plus 45c for each $1 over $180,000 |
The above rates do not include the Flood levy (read Flood levy information for individuals for more information).
Tax Rates 2010-11
|
Taxable income |
Tax on this income |
|
0 - $6,000 |
Nil |
|
$6,001 - $37,000 |
15c for each $1 over $6,000 |
|
$37,001 - $80,000 |
$4,650 plus 30c for each $1 over $37,000 |
|
$80,001 - $180,000 |
$17,550 plus 37c for each $1 over $80,000 |
|
$180,001 and over |
$54,550 plus 45c for each $1 over $180,000 |
The above rates do not include the Medicare levy of 1.5% (read Guide to Medicare levy for more information).
Tax offsets reduce the tax payable. Tax offsets based on taxable income levels apply to a range of circumstances. For more information, read Guide to tax offsets.
If you are under the age of 18, and receive 'unearned' income (for example, investment income), special rates apply. Read Income of individuals under the age of 18.
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Individual Tax
