Australian Income Tax Rates 2025-26 and 2026-27
Resident tax rates, Medicare levy and super guarantee, with the tax on common salaries.
2025-26 resident rates (1 July 2025 to 30 June 2026)
| Taxable income | Tax |
|---|---|
| $0 - $18,200 | Nil |
| $18,201 - $45,000 | 16c for each $1 over $18,200 |
| $45,001 - $135,000 | $4,288 plus 30c for each $1 over $45,000 |
| $135,001 - $190,000 | $31,288 plus 37c for each $1 over $135,000 |
| $190,001 and over | $51,638 plus 45c for each $1 over $190,000 |
2026-27 resident rates (from 1 July 2026)
The 16 percent rate falls to 15 percent. Other rates and thresholds stay the same.
| Taxable income | Tax |
|---|---|
| $0 - $18,200 | Nil |
| $18,201 - $45,000 | 15c for each $1 over $18,200 |
| $45,001 - $135,000 | $4,020 plus 30c for each $1 over $45,000 |
| $135,001 - $190,000 | $31,020 plus 37c for each $1 over $135,000 |
| $190,001 and over | $51,370 plus 45c for each $1 over $190,000 |
Medicare levy and super
The Medicare levy is 2 percent of taxable income, reduced for low incomes. The super guarantee is 12 percent of ordinary time earnings, paid by your employer on top of salary.
Tax on common salaries (2025-26, after LITO, with Medicare)
| Salary | Tax and Medicare | Take-home |
|---|---|---|
| $40,000 | $3,713 | $36,287 |
| $50,000 | $6,538 | $43,462 |
| $60,000 | $9,888 | $50,112 |
| $70,000 | $13,188 | $56,812 |
| $80,000 | $16,388 | $63,612 |
| $90,000 | $19,588 | $70,412 |
| $100,000 | $22,788 | $77,212 |
| $120,000 | $29,188 | $90,812 |
| $150,000 | $39,838 | $110,162 |
| $200,000 | $60,138 | $139,862 |
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