Individual Income Tax Rates in Australia
Residents Income Tax Rates
This tax table does not include in the Medicare levy, Higher education loan scheme repayments, Tax offsets and tax credits.
| Taxable Income Threshold | Tax on Taxable 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 |
Foreign Residents Income Tax Rates
The rate of income tax below applies to individuals who are Foreign Residents for tax purposes. These rates apply for the financial years from 2018/19 to 2020/21.
| Taxable Income Threshold | Tax on Taxable 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 |
| Taxable Income Threshold | Tax on Taxable 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 |
| $180,001 and over | $56,075 plus 45c for each $1 over $180,000 |
Children / Minors Income Tax Rates
- You are taxed at the same income tax rates in Australia as if you are an adult if you received income as excepted person or excepted income.
- You are taxed at a Higher tax rates in Australia if you are not considered as excepted person or received excepted income. The below will help you need to establish whether you are:
Excepted Person:
The ATO considers you to be an excepted person if one of the following applies on the last day of the relevant income year as at 30 June. You will be taxed at the same tax rates in Australia as if you were an adult.
Work Full time
- you were working full time or had worked full time for a total of 3 months or more in that income year
- you are, in the following income year, both
- intending to work full time for most or all of it
- not intending to study full time.
Personal with Disabilities
- you were the main beneficiary of a disability trust;
- on the final day of the income year as at 30 June, you were either:
- entitled to a disability pension or someone was entitled to a carer allowance for you.
- certified permanently blind
- disabled and likely to suffer from that disability permanently or for an extended period of time
- unable to work full time because of a permanent physical or mental disability and you received little or no financial support from relatives.
Minor or Children with a Double Pension
You are an excepted person for the income year if on the last day of the income year, you were entitled to receive a double orphan pension and you received little or no financial support from any relatives.
Excepted Income:
If you did not meet the definition of Excepted Person above, but you receive one of the following income below, you will be taxed at the same tax rates in Australia as if you were an adult. Excepted Income comprises:
- employment income e.g. part time work at KFC.
- payments from Centrelink, Depart of Veteran’s Affairs or taxable pension.
- compensation, superannuation or pension fund benefits
- income from your business
- income from a partnership and you were an active partner
- net capital gains from sale of real estate properties and or shares
- income from the property transferred to you as a result of a death of another person, family breakdown, or income in the form of damages for an injury you suffer.
Residents Under 18 – Higher Income Tax Rates
If your taxable income is under $66,667, you will get the low income tax offset. If your taxable income is less than $126,000, you will also get some of the low and middle income tax offset. The amount of the offset depends on your income level and how much tax you have paid throughout the year. However, both of the low income tax offset and low and middle income tax offset will only reduce tax payable on excepted income. These rates apply for the financial years from 2018/19 to 2020/21.
| Taxable Income Threshold | Tax on Taxable Income |
|---|---|
| $0 – $416 | 15c for each $1 |
| $417 – $1,307 | Nil plus 66% of the excess over $416 |
| Over $1,307 | 45% of the total amount of income that is not excepted income |
Non-Residents Under 18 – Higher Income Tax Rates
These rates apply for the financial years from 2018/19 to 2020/21.
| Taxable Income Threshold | Tax on Taxable Income |
|---|---|
| $0 – $416 | 32.5% of the entire amount |
| $417 – $1,307 | $135.20 plus 66% of the excess over $416 |
| Over $1,307 | 45% of the entire amount |