Tax Rates & Limits

Individual Resident Tax Rates 2011-2012

Taxable Income Marginal Rate Tax Payable
$0 - $6,000 0% nil
$6,001 - $37,000 15% 15% of the amount over $6,000
$37,001 - $80,000 30% $4,650 + 30% of the amount over $35,000
$80,001 - $180,000 37% $17,550 + 37% of the amount over $80,000
$180,001+ 45% $54,550 + 45% of the amount over $180,000

These rates do not include the Medicare Levy of 1.5% (read the Australian Tax Office's Guide to Medicare levy for more information).

The above rates do not include the Flood levy (read the Australian Tax Office's Flood levy information for individuals for more information).

For more detailed information about individual income tax rates, read the Australian Tax Office's Individul Income Tax Rates web page.

Page Last Revised 1 July 2011

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