Individual income tax rates 2022–23

Residents

These rates apply to individuals who are Australian residents for tax purposes.

Resident tax rates 2022–23

Resident tax rates 2022–23
Taxable income Tax on this income
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

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

Resident tax rates 2021–22

Resident tax rates 2021–22
Taxable income Tax on this income
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

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

Foreign residents

These rates apply to individuals who are foreign residents for tax purposes.

Foreign resident tax rates 2022–23

Foreign resident tax rates 2022–23
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

Foreign resident tax rates 2021–22

Foreign resident tax rates 2021–22
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

Children

If you are under the age of 18, and receive unearned income (for example, investment income), special rates apply.

Working holiday makers

These rates apply to working holiday maker income if you are either:

You are a working holiday maker if you have a visa subclass:

  • 417 (Working Holiday)
  • 462 (Work and Holiday).

Working holiday maker tax rates 2022–23

Working holiday maker tax rates 2022–23
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

Working holiday maker tax rates 2021–22

Working holiday maker tax rates 2021–22
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

Calculators

A simple tax calculator is available to help you calculate the tax on your taxable income.

The Income tax estimator gives you an estimate of the amount of your tax refund or debt, and takes into account:

  • the Medicare levy
  • higher education loan scheme repayments
  • tax offsets
  • tax credits.

Tax deducted from your pay

If you want to know how much your employer (or other payer) is required to withhold from payments to you, use our Tax withheld calculator.

Our other useful calculators include:

Last modified: 01 Jul 2022

 

(ATO)

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Categories: Tax