Individual Rates of Tax – 2018/19

Resident Individual

The rates for resident individuals in the following table apply for the 2018/19 income year.

 

Taxable Income

$

Tax Payable1,2

0 – 18,200

Nil

18,201 – 37,000

19% of excess over $18,200

37,001 – 90,000

$3,572 + 32.5% of excess over $37,000

90,001 – 180,000

$20,797 + 37% of excess over $90,000

180,001+

$54,097 + 45% of excess over $180,000

  1. The above rates do not include the Medicare levy of 2%.
  2. The tax-free threshold may effectively be higher for taxpayers eligible for the Low-Income Tax Offset, the Low and Middle Income Tax Offset, the Seniors and Pensioners Tax Offset and/or certain other tax offsets


 

Pro-Rated Tax-Free Threshold – Ceasing or Becoming a Resident

The tax-free threshold that applies to residents ($18,200 in 2018/19) is effectively pro-rated in an income year in which a taxpayer either ceased to be, or became, a resident for tax purposes. For the 2019 income year, the pro-rated threshold is calculated using the following formula:

$13,464 + ($4,736 x number of months taxpayer was resident for the year ÷ 12)


Non-resident Individual

The following rates apply to individuals who are not residents of Australia for tax purposes for the entire income year:

 

Taxable Income

$

Tax Payable1

0 – 90,000

32.5% of the entire amount

90,001 – 180,000

$29,250 + 37% of excess over $90,000

180,001+

$62,550 + 45% of excess over $180,000

1     Medicare Levy is not payable by non-residents.


 

Working Holiday Makers

The following rates apply to the 'working holiday taxable income' of an individual who is a 'working holiday maker' ('WHM') on or after 1 July 2018:

 

Working Holiday Taxable Income1

$

Tax Payable1

0 – 37,000

15% of the entire amount

37,001 – 90,000

$5,550 + 32.5% of excess over $37,000

90,001 – 180,000

$22,775 + 37% of excess over $90,000

180,001+

$56,075 + 45% of excess over $180,000

1     Medicare levy is not payable by WHMs that are non-residents for tax purposes.



 

Resident Minor – Unearned (Division 6AA) Income

The following rates apply to the income of certain minors (e.g., persons under 18 years of age on the last day of the income year who are not classed as being in a full-time occupation) that is not excepted income (e.g., employment income):

 

Division 6AA Income

$

Tax Payable1,2

0 – 416

Nil

417 – 1,307

66% of excess over $416

1,308+

45% of the entire amount

  1. Medicare Levy may also be payable.
  2. Resident minors are not entitled to the Low-Income Tax Offset or the Low and Middle Income Tax Offset in respect of 'unearned' income.


 

Non-resident Minor – Unearned (Division 6AA) Income

The following rates apply to the income of certain non-resident minors (e.g., non-resident persons under 18 years of age on the last day of the income year who are not classed as being in a full-time occupation) that is not excepted income (e.g., employment income):

 

Division 6AA Income

$

Tax Payable1

0 – 416

32.5% of the entire amount

417 – 663

$135.20 + 66% of excess over $416

664+

45% of the entire amount

1     The Medicare Levy is not payable by non-residents.

 

Last modified: 11 Dec 2019

 

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