Individual Tax Return

Individual income tax rates 2020-21

Resident tax rates
Taxable income
Tax on this income
19 cents for each $1 over $18,200
$5,092 plus 32.5 cents for each $1 over $45,000
$29,467 plus 37 cents for each $1 over $120,000
$51,667 plus 45 cents for each $1 over $180,000
The above rates do not include the Medicare levy of 2%.
Taxable income
Tax on this income
$6,750 plus 32.5 cents for each $1 over $45,000
$31,125 plus 37 cents for each $1 over $120,000
$53,325 plus 45 cents for each $1 over $180,000