Tax Rates

Residential Tax Rates for 2025-2026 

 Taxable Income Tax on Taxable Income

0 - $18,200 Nil

$18,201 – 45,000 16c for each $1 over $18,200

$45,001 - $135,000 $4288 plus 30c for each $1 over $45,000

$135,000 - $190,000 $31,288 plus 37c for each $1 over $135,000

$190,000 and over $51,638 plus 45c for each $ over $190,000

*The above rates do not include the Medicare levy of 2%

Foreign Tax Rates for 2025-2026 

 Taxable Income Tax on Taxable Income

0 - $135,000 30c for each $1

$135,001 - $190,000 $40,500 plus 37c for each  $1 over $135,000

$190,001 and over $60,850 plus 45c for each $1 over $190,000

*The above rates do not include the Medicare levy of 2%