Australian tax brackets

Marginal tax rates for Australian residents. Brackets shown exclude the 2% Medicare levy.

FY2026-27

Income range	Marginal rate	Tax on lower bound
$0 – $18,200	0%	$0
$18,200 – $45,000	15%	$0
$45,000 – $135,000	30%	$4,020
$135,000 – $190,000	37%	$31,020
$190,000+	45%	$51,370

FY2025-26

Current

Income range	Marginal rate	Tax on lower bound
$0 – $18,200	0%	$0
$18,200 – $45,000	16%	$0
$45,000 – $135,000	30%	$4,288
$135,000 – $190,000	37%	$31,288
$190,000+	45%	$51,638

FY2024-25

Income range	Marginal rate	Tax on lower bound
$0 – $18,200	0%	$0
$18,200 – $45,000	16%	$0
$45,000 – $135,000	30%	$4,288
$135,000 – $190,000	37%	$31,288
$190,000+	45%	$51,638

FY2023-24

Income range	Marginal rate	Tax on lower bound
$0 – $18,200	0%	$0
$18,200 – $45,000	19%	$0
$45,000 – $120,000	33%	$5,092
$120,000 – $180,000	37%	$29,467
$180,000+	45%	$51,667

FY2022-23

Income range	Marginal rate	Tax on lower bound
$0 – $18,200	0%	$0
$18,200 – $45,000	19%	$0
$45,000 – $120,000	33%	$5,092
$120,000 – $180,000	37%	$29,467
$180,000+	45%	$51,667

FY2021-22

Income range	Marginal rate	Tax on lower bound
$0 – $18,200	0%	$0
$18,200 – $45,000	19%	$0
$45,000 – $120,000	33%	$5,092
$120,000 – $180,000	37%	$29,467
$180,000+	45%	$51,667

FY2020-21

Income range	Marginal rate	Tax on lower bound
$0 – $18,200	0%	$0
$18,200 – $45,000	19%	$0
$45,000 – $120,000	33%	$5,092
$120,000 – $180,000	37%	$29,467
$180,000+	45%	$51,667

Tax at sample incomes (current year)