Charlles Andrew Sant 
A one stop bookkeeping, accounting, taxation and advisory service for the small to medium business
 
 
 
 
 

 
 
 
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Individual Tax

 
All Links will take you to the ATO Web Page.
 
 

                                                                                                                                                     Tax Calculators:

                                                                                                                                       Simple Individual Tax Calculator

              

 

              

Tax rates

Australian residents

Tax Rates 2018-19

The following rates for 2018-19 apply from 1 July 2018.

 

Taxable income

Tax on this income

0 – $18,200

Nil

$18,201 – $37,000

19c for each $1 over $18,200

$37,001 – $90,000

$3,572 plus 32.5c for each $1 over $37,000

$90,001 – $180,000

$20,797 plus 37c for each $1 over $90,000

$180,001 and over

$54,097 plus 45c for each $1 over $180,000

 
The above rates do not include the Medicare levy of 2%
 
The above rates  include changes announced in the 2018-19 Federal Budget. 
 

Foreign residents

Foreign residents aren't entitled to the tax-free threshold. Different tax rates apply to income they receive.

The following rates for 2018–19 apply from 1 July 2018.

 

Taxable income

Tax on this income

0 – $90,000

32.5c for each $1

$90,001 – $180,000

$29,250 plus 37c for each $1 over $90,000

$180,001 and over

$62,550 plus 45c for each $1 over $180,000

 
Foreign residents are not required to pay the Medicare levy.
 
The above rates include changes implementing changes announced in the 2018-19 Federal Budget. 
 
 

Working Holiday Makers

These rates apply to working holiday maker income regardless of residency for tax purposes.

You are a working holiday maker if you have a visa subclass:
 
417 (Working Holiday)
 
462 (Work and Holiday)

The following rates for 2018–19 apply from 1 July 2018.

 

Taxable income

Tax on this income

0 – $37,000

15c for each $1

$37,001 – $90,000

$5,550 plus 32.5c for each $1 over $37,000

$90,001 - $180,000

$22,775 plus 37c for each $1 over $90,000
$180,001and over
$56,075 plus 45c for each $1 over $180,000
 
 
The above rates include changes  announced in the 2018-19 Federal Budget. 
 
 

Children

If you are under the age of 18, and receive unearned income (for example, investment income), special rates apply. Refer to Income of individuals under the age of 18.

 

Tax Rates 2017-18

The following rates for 2017-18 apply from 1 July 2017.

 

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.
 

Foreign residents

Foreign residents aren't entitled to the tax-free threshold. Different tax rates apply to income they receive.

The following rates for 2017–18 apply from 1 July 2017.

 

Taxable income

Tax on this income

0 – $87,000

32.5c for each $1

$87,001 – $180,000

$28,275 plus 37c for each $1 over $87,000

$180,001 and over

$62,685 plus 45c for each $1 over $180,000

 
Foreign residents are not required to pay the Medicare levy.
 
The  Temporary Budget Repair Levy ceased applying from 1 July 2017
 
 

Working Holiday Makers

These rates apply to working holiday maker income regardless of residency for tax purposes.

You are a working holiday maker if you have a visa subclass:
 
417 (Working Holiday)
 
462 (Work and Holiday)

The following rates for 2017–189 apply from 1 July 2017.

 

Taxable income

Tax on this income

0 – $37,000

15c for each $1

$37,001 – $87,000

$5,550 plus 32.5c for each $1 over $37,000

$87,001 - $180,000

$21,800 plus 37c for each $1 over $87,000
$180,001and over
$56,210plus 45c for each $1 over $180,000
 
 
The temporary budget levy ceased applying from 1 July 2017.
 
 
 

Children

If you are under the age of 18, and receive unearned income (for example, investment income), special rates apply. Refer to Income of individuals under the age of 18.

 
 

Tax Rates 2016-17

The following rates for 2016-17 apply from 1 July 2016.

 

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 above rates do not include the Temporary Budget Repair Levy. The Temporary Budget Repair Levy is payable at a rate of 2% for taxable incomes over $180,000. 
 

Foreign residents

Foreign residents aren't entitled to the tax-free threshold. Different tax rates apply to income they receive.

The following rates for 2016–17 apply from 1 July 2016.

 

Taxable income

Tax on this income

0 – $87,000

32.5c for each $1

$87,001 – $180,000

$28,275 plus 37c for each $1 over $87,000

$180,001 and over

$62,685 plus 45c for each $1 over $180,000

 
Foreign residents are not required to pay the Medicare levy.
 
The above rates do not include the Temporary Budget Repair Levy. The Temporary Budget Repair Levy is payable at a rate of 2% for taxable incomes over $180,000. 
 
 

Children

If you are under the age of 18, and receive unearned income (for example, investment income), special rates apply. Refer to Income of individuals under the age of 18.

 

Tax Rates 2015-16

The following rates for 2015-16 apply from 1 July 2015.

 

Taxable income

Tax on this income

0 – $18,200

Nil

$18,201 – $37,000

19c for each $1 over $18,200

$37,001 – $80,000

$3,572 plus 32.5c for each $1 over $37,000

$80,001 – $180,000

$17,547 plus 37c for each $1 over $80,000

$180,001 and over

$54,547 plus 45c for each $1 over $180,000

 
The above rates do not include the Medicare levy of 2%
 
The above rates do not include the Temporary Budget Repair Levy. The Temporary Budget Repair Levy is payable at a rate of 2% for taxable incomes over $180,000. 
 

Foreign residents

Foreign residents aren't entitled to the tax-free threshold. Different tax rates apply to income they receive.

The following rates for 2015–16 apply from 1 July 2015.

 

Taxable income

Tax on this income

0 – $80,000

32.5c for each $1

$80,001 – $180,000

$26,000 plus 37c for each $1 over $80,000

$180,001 and over

$63,000 plus 45c for each $1 over $180,000

 
Foreign residents are not required to pay the Medicare levy.
 
The above rates do not include the Temporary Budget Repair Levy. The Temporary Budget Repair Levy is payable at a rate of 2% for taxable incomes over $180,000. 
 
 

Children

If you are under the age of 18, and receive unearned income (for example, investment income), special rates apply. Refer to Income of individuals under the age of 18.

 

Tax Rates 2014-15

The following rates for 2014-15 apply from 1 July 2014.

 

Taxable income

Tax on this income

0 – $18,200

Nil

$18,201 – $37,000

19c for each $1 over $18,200

$37,001 – $80,000

$3,572 plus 32.5c for each $1 over $37,000

$80,001 – $180,000

$17,547 plus 37c for each $1 over $80,000

$180,001 and over

$54,547 plus 45c for each $1 over $180,000

 
The above rates do not include the Medicare levy of 2%
 
The above rates do not include the Temporary Budget Repair Levy. The Temporary Budget Repair Levy is payable at a rate of 2% for taxable incomes over $180,000. 
 

Foreign residents

Foreign residents aren't entitled to the tax-free threshold. Different tax rates apply to income they receive.

The following rates for 2014–15 apply from 1 July 2014.

 

Taxable income

Tax on this income

0 – $80,000

32.5c for each $1

$80,001 – $180,000

$26,000 plus 37c for each $1 over $80,000

$180,001 and over

$63,000 plus 45c for each $1 over $180,000

 
Foreign residents are not required to pay the Medicare levy.
 
The above rates do not include the Temporary Budget Repair Levy. The Temporary Budget Repair Levy is payable at a rate of 2% for taxable incomes over $180,000. 
 
 

Children

If you are under the age of 18, and receive unearned income (for example, investment income), special rates apply. Refer to Income of individuals under the age of 18.

 

Tax Rates 2013-14

The following rates for 2013–14 applied from 1 July 2013.
 
 

Taxable income

Tax on this income

0 – $18,200

Nil

$18,201 – $37,000

19c for each $1 over $18,200

$37,001 – $80,000

$3,572 plus 32.5c for each $1 over $37,000

$80,001 – $180,000

$17,547 plus 37c for each $1 over $80,000

$180,001 and over

$54,547 plus 45c for each $1 over $180,000

 
The above rates do not include the Medicare levy of 1.5%.
 

Children

If you are under the age of 18, and receive unearned income (for example, investment income), special rates apply. Refer to Income of individuals under the age of 18.

 

Foreign residents

Foreign residents aren't entitled to the tax-free threshold. Different tax rates apply to income they receive.

The following rates for 2013–14 applied from 1 July 2013.

 

Taxable income

Tax on this income

0 – $80,000

32.5c for each $1

$80,001 – $180,000

$26,000 plus 37c for each $1 over $80,000

$180,001 and over

$63,000 plus 45c for each $1 over $180,000

Foreign residents are not required to pay the Medicare levy.

 

Tax Rates 2012-13

The following rates for 2012-13 apply from 1st July 2012

 

Taxable income

Tax on this income

0-$18,200

Nil

$18,201-$37,000

19c for each $1 over $18,200

$37,001-$80,000

$3,572 plus 32.5c for each $1 over $37,000

$80,001-$180,000

$17,547 plus 37c for each $1 over $80,000

$180,001 and over

$54,547 plus 45c for each $1 over $180,000

These rates do not include the Medicare levy of 1.5% or the Medicare levy surcharge.

 

Children

If you are under the age of 18, and receive unearned income (for example, investment income), special rates apply. Refer to Income of individuals under the age of 18.

 

Foreign residents

Foreign residents aren't entitled to the tax-free threshold. Different tax rates apply to income they receive.

If you're a foreign resident for the full income year, these are your tax rates for the 2012-13 income year:

Taxable income

Tax on this income

0-$80,000

32.5c for each $1

$80,001-$180,000

$26,000 plus 37c for each $1 over $80,000

$180,001 and over

$63,000 plus 45c for each $1 over $180,000

Foreign residents are not required to pay the Medicare levy. 

 

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 Medicare levy of 1.5% (read Guide to Medicare levy for more information).

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.
 
 
 

Children

If you are under the age of 18, and receive unearned income (for example, investment income), special rates apply. Refer to Income of individuals under the age of 18.


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


trading as
Sant's Business & Management Assistance 
ABN: 30 025 743 531
 
Phone: (02) 9920 3666 or 0410 662 591