Individual Income Tax Rates 2024-25

Australian Resident tax rates 2024–25

TAXABLE INCOME Tax (not including 2% medicare levy)
$0 – $18,200 Nil
$18,201 – $45,000 16 cents for each $1 over $18,200
$45,001 – $135,000 $4,288 plus 30 cents for each $1 over $45,000
$135,001 $190,000 $31,288 plus 37 cents for each $1 over $135,000
$190,001 and over $51,638 plus 45 cents for each $1 over $190,000

Australian Resident tax rates 2023–24

TAXABLE INCOME Tax on this income (not including 2% medicare levy)
$0 – $18,200 Nil
$18,201 – $45,000 19 cents for each $1 over $18,200
$45,001 – $120,000 $5,092 plus 32.5 cents for each $1 over $45,000
$120,001 – $180,000 $29,467 plus 37 cents for each $1 over $120,000
$180,001 and over $51,667 plus 45 cents for each $1 over $180,000

Foreign resident tax rates 2024–25

Taxable income Tax on this income
0 – $135,000 30 cents for each $1
$135,001 – $190,000 $40,500 plus 37 cents for each $1 over $135,000
$190,001 and over $60,850 plus 45 cents for each $1 over $190,000

Foreign resident tax rates 2023–24

Taxable income Tax on this income
0 – $120,000 32.5 cents for each $1
$120,001 – $180,000 $39,000 plus 37 cents for each $1 over $120,000
$180,001 and over $61,200 plus 45 cents for each $1 over $180,000

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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 2024–25

Taxable income Tax on this income
0 – $45,000 15%
$45,001 – $135,000 $6,750 plus 30 cents for each $1 over $45,000
$135,001 – $190,000 $33,750 plus 37 cents for each $1 over $135,000
$190,001 and over $54,100 plus 45 cents for each $1 over $190,000

Working holiday maker tax rates 2023–24

Taxable income Tax on this income
0 – $45,000 15%
$45,001 – $120,000 $6,750 plus 32.5 cents for each $1 over $45,000
$120,001 – $180,000 $31,125 plus 37 cents for each $1 over $120,000
$180,001 and over $53,325 plus 45 cents for each $1 over $180,000

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Tax Calculators