Australian Income Tax (2024-25 / 2025-26)
Australian residents pay no income tax on the first $18,200. Higher brackets apply progressively. Most residents also pay a 2% Medicare Levy.
| Income | Rate |
|---|---|
| $0 โ $18,200 | Nil |
| $18,201 โ $45,000 | 16% |
| $45,001 โ $135,000 | 30% |
| $135,001 โ $190,000 | 37% |
| Above $190,000 | 45% |