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Tax Rates for 2012

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Income tax calculator

Individual income tax rates for Residents

These rates apply to individuals

who are Australian residents for tax

purposes(see Residency - what you need to know for more information).

Tax rates 2011-12

The following rates for 2011-12 apply from 1 July 2011.

Taxable Income Tax Payable
0 - $6,000 Nil
$6,001 - $37,000 15c for each $1 over $6,000
$37,001-$80,000 $4,650 plus 30c for each $1 over $37,000
$80,001 - $180,000 $17,550 plus 37c for each $1 over $80,000
$180,001 and over $54,550 plus 45c for each $1 over $180,000

The above rates do not include the Medicare levy of 1.5% (read Guide to Medicare levy for more information).

The above rates do not include the Flood

levy (read Flood levy information for individuals for more information).

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