$0.00

$0.00

Taxable Income ($) Tax Payable ($)
0 – 18,200 Nil
18,201 – 37,000 Nil + 19% of excess over 18,200
37,001 – 80,000 3,572 + 32.5% of excess over 37,000
80,001 – 180,000 17,547 + 37% of excess over 80,000
180,001+ 54,547 + 45% of excess over $180,000

PAYG Withholding Tax rates are slightly different to the actual tax rates and are not calculated using this calculator.

The Temporary Budget Repair Levy (Deficit Levy) has not been taken into account yet as it is not yet received ascent

The Tax Calculator takes into account the Medicare Levy, the Low Income Rebate, Income Tax and the Flood Levy (2012 only).

The calculator is aimed to apply to the average individual and be easy to use and does not take into account special rebates and additional tax like HECS repayments.