2021Tax Rates for Resident & Non-Resident Individuals
Resident Individual
The following rates apply to individuals who are residents of Australia for tax purposes for the entire income year.
|
Taxable Income1 $ |
Tax Payable1,3 |
| 0 – 18,200 | Nil |
| 18,201 – 45,000 | 19% of excess over $18,200 |
| 45,001 – 120,000 | $5,092 + 32.5% of excess over $45,000 |
| 120,001 – 180,000 | $29,467 + 37% of excess over $120,000 |
| 180,001+ | $51,667 + 45% of excess over $180,000 |
- The above rates do not include the Medicare levy of 2%.
The tax-free threshold may effectively be higher for taxpayers eligible for the Low-Income Tax Offset, the Seniors and Pensioners Tax Offset and/or certain other tax offsets
2021 Non-resident Individual
The following rates apply to individuals who are not residents of Australia for tax purposes for the entire income year:
|
Taxable Income $ |
Tax Payable1 |
| 0 – 120,000 | 32.5% of the entire amount |
| 120,001 – 180,000 | $39000 + 37% of excess over $1200,000 |
| 180,001+ | $61,200 + 45%2 of excess over $180,000 |
- Medicare Levy is not payable by non-residents.
