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Tax brackets

Personal income tax rates

The stage 3 tax cuts kick in on 1 July 2024. Here are the new 2024/25 rates.

Tax brackets 2024-2025

Taxable income Tax on this income
0 - $18,200 Nil
$18,201 - $45,000 16c for each $1 over $18,200
$45,001 - $135,000 $4,288 plus 30c for each $1 over $45,000
$135,001 - $190,000 $31,288 plus 37c for each $1 over $135,000
$190,001 and over $51,638 plus 45c for each $1 over $190,000
  • Data sources

    This page brings together publicly available Australian data.

    • The tax brackets are sourced from ATO

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Tax brackets 2023-2024

Taxable income Tax on this income
0 - $18,200 Nil
$18,201 - $45,000 19c for each $1 over $18,200
$45,001 - $120,000 $5,092 plus 32.5c for each $1 over $45,000
$120,001 - $180,000 $29,467 plus 37c for each $1 over $120,000
$180,001 and over $51,667 plus 45c for each $1 over $180,000

Tax brackets 2022-2023

Taxable income Tax on this income
0 - $18,200 Nil
$18,201 - $45,000 19c for each $1 over $18,200
$45,001 - $120,000 $5,092 plus 32.5c for each $1 over $45,000
$120,001 - $180,000 $29,467 plus 37c for each $1 over $120,000
$180,001 and over $51,667 plus 45c for each $1 over $180,000

Tax brackets 2021-2022

Taxable income Tax on this income
0 - $18,200 Nil
$18,201 - $45,000 19c for each $1 over $18,200
$45,001 - $120,000 $5,092 plus 32.5c for each $1 over $45,000
$120,001 - $180,000 $29,467 plus 37c for each $1 over $120,000
$180,001 and over $51,667 plus 45c for each $1 over $180,000

Tax brackets 2020-2021

Taxable income Tax on this income
0 - $18,200 Nil
$18,201 - $45,000 19c for each $1 over $18,200
$45,001 - $120,000 $5,092 plus 32.5c for each $1 over $45,000
$120,001 - $180,000 $29,467 plus 37c for each $1 over $120,000
$180,001 and over $51,667 plus 45c for each $1 over $180,000

Tax brackets 2019-2020

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

These tables do not include the 2% Medicare levy.

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