Resident tax rates 2021–22

Resident tax rates 2020-21

Taxable income Base tax % of excess
0 – $18,200 Nil Nil
$18,201 – $45,000 $Nil 19%
$45,001 – $120,000 $5,092 32.5%
$120,001 – $180,000 $29,467 37%
$180,001 and over $51,667 45%

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

Taxable income Base tax % of excess
0 – $18,200 Nil Nil
$18,201 – $45,000 $Nil 19%
$45,001 – $120,000 $5,092 32.5%
$120,001 – $180,000 $29,467 37%
$180,001 and over $51,667 45%

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