Tax Rates 2016/2017

Taxable Income Tax on this Income
0 – $18,200 Nil
$18,201 - $37,000 19c for each $1 over $18,200
$37,001 – $80,000 $3,572 plus 32.5c for each $1 over $37,000
$80,001 – $180,000 $17,547 plus 37c for each $1 over $80,000
$180,001 and over $54,547 plus 45c for each $1 over $180,000

The above rates do not include the Medicare levy of 2%. 

The above rates do not include the Temporary Budget Repair Levy. The Temporary Budget Repair Levy is payable at a rate of 2% for taxable incomes over $180,000. To learn more about the Temporary Budget Repair Levy please refer to the ATO website