Income tax rates may change every year, and the following rates apply to individuals who are Australian residents for tax purposes. They do not include the Medicare Levy rate. Note that special tax rates apply to taxpayers under the age of 18 who receive unearned income ( for example investment income ).

2015/16 TAX RATES FOR RESIDENT INDIVIDUALS

Taxable IncomeTax On This Income
 0 to $18,200 Nil
 $18,201 to $37,000 19c for each $1 over $18,200
 $37,001 to $80,000 $3,572 plus 32.5c for each $1 over $37,000
 $80,001 to $180,000 $17,547 plus 37c for each $1 over $80,000
 $180,001 and over $54,547 plus 47c for each $1 over $180,000