2015 Tax Rates & Thresholds Summary
Rates of Tax – 2014/15 Resident Individuals The following rates apply to individuals who are residents of Australia for tax purposes for the entire income year. Taxable Income1$ Tax Payable2,3 0 – 18,200 Nil 18,201 – 37,000 19% of excess over $18,200 37,001 – 80,000 $3,572 + 32.5% of excess