Income thresholds | Rate | Tax payable on this income |
---|---|---|
$0 – $18,200 | 0% | Nil |
$18,201 – $37,000 | 19% | 19c for each $1 over $18,200 |
$37,001 – $90,000 | 32.5% | $3,572 plus 32.5% of amounts over $37,000 |
$90,001 – $180,000 | 37% | $20,797 plus 37% of amounts over $90,000 |
$180,001 and over | 45% | $54,097 plus 45% of amounts over $180,000 |
Source: ATO