Individual income tax rates

Residents

These rates apply to individuals who are Australian residents for tax purposes.

Resident tax rates 2023–24

Resident tax rates 2023–24
Taxable income Tax on this income
0 – $18,200 Nil
$18,201 – $45,000 19c for each $1 over $18,200
$45,001 – $120,000 $5,092 plus 32.5c for each $1 over $45,000
$120,001 – $180,000 $29,467 plus 37c for each $1 over $120,000
$180,001 and over $51,667 plus 45c for each $1 over $180,000

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

Foreign residents

These rates apply to individuals who are foreign residents for tax purposes.

Foreign resident tax rates 2023–24

Foreign resident tax rates 2023–24
Taxable income Tax on this income
0 – $120,000 32.5c for each $1
$120,001 – $180,000 $39,000 plus 37c for each $1 over $120,000
$180,001 and over $61,200 plus 45c for each $1 over $180,000

Foreign residents are not required to pay the Medicare levy.

Children

If you are under the age of 18, and receive unearned income (for example, investment income), special rates apply.

Table: Tax rates for residents who are under 18 for 2020–21 to 2023–24
Income Tax rates
$0 – $416 Nil
$417 – $1,307 Nil plus 66% of the excess over $416
Over $1,307 45% of the total amount of the income that is not excepted income

See also:

Working holiday makers

These rates apply to working holiday maker income regardless of residency for tax purposes.

You are a working holiday maker if you have a visa subclass:

  • 417 (Working Holiday)
  • 462 (Work and Holiday).

Working holiday maker tax rates 2023–24

Working holiday maker tax rates 2023–24
Taxable income Tax on this income
$0 – $45,000 15%
$45,001 – $120,000 $6,750 plus 32.5c for each $1 over $45,000
$120,001 – $180,000 $31,125 plus 37c for each $1 over $120,000
$180,001 and over $53,325 plus 45c for each $1 over $180,000

Calculators

A simple tax calculator is available to help you calculate the tax on your taxable income.

The Income tax estimator gives you an estimate of the amount of your tax refund or debt, and takes into account:

  • the Medicare levy
  • higher education loan scheme repayments
  • tax offsets
  • tax credits.

Tax deducted from your pay

If you want to know how much your employer (or other payer) is required to withhold from payments to you, use ATO’s Tax withheld calculator.

ATO’s other useful calculators include: