What changed
The rate on income between $18,201 and $45,000 was 16% in 2025–26. It fell to 15% on 1 July 2026 and is legislated to fall to 14% from 1 July 2027. The other brackets are unchanged. That's worth up to $268.00 a year in 2026–27 and $536.00 a year from 2027–28, compared with 2025–26.
| Taxable income | 2025–26 | 2026–27 | 2027–28 | Saving by 2027–28 |
|---|---|---|---|---|
| $30,000 | $1,188.00 | $1,070.00 | $952.00 | $236.00 |
| $45,000 | $3,963.00 | $3,695.00 | $3,427.00 | $536.00 |
| $60,000 | $8,688.00 | $8,420.00 | $8,152.00 | $536.00 |
| $80,000 | $14,788.00 | $14,520.00 | $14,252.00 | $536.00 |
| $100,000 | $20,788.00 | $20,520.00 | $20,252.00 | $536.00 |
| $135,000 | $31,288.00 | $31,020.00 | $30,752.00 | $536.00 |
| $200,000 | $56,138.00 | $55,870.00 | $55,602.00 | $536.00 |
Tax rates for 2025–26
| Taxable income | Tax on this income |
|---|---|
| $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 |
Tax rates for 2027–28
| Taxable income | Tax on this income |
|---|---|
| $0 – $18,200 | Nil |
| $18,201 – $45,000 | 14c for each $1 over $18,200 |
| $45,001 – $135,000 | $3,752 plus 30c for each $1 over $45,000 |
| $135,001 – $190,000 | $30,752 plus 37c for each $1 over $135,000 |
| $190,001 and over | $51,102 plus 45c for each $1 over $190,000 |
Foreign resident tax rates
Foreign residents pay tax from the first dollar, can't claim the tax-free threshold or the low income tax offset, and don't pay the Medicare levy. The rates are the same in all three years.
| Taxable income | Tax on this income |
|---|---|
| $0 – $135,000 | 30c for each $1 over $0 |
| $135,001 – $190,000 | $40,500 plus 37c for each $1 over $135,000 |
| $190,001 and over | $60,850 plus 45c for each $1 over $190,000 |
Offsets and levies
- Low income tax offset: up to $700, reducing from $37,500 and gone at $66,667. How the offset works.
- Medicare levy: 2% of taxable income, less on low incomes. Levy and surcharge thresholds.
- Medicare levy surcharge: 1% to 1.5% for singles earning over $105,000 (families over $210,000) without private hospital cover.
- Seniors and pensioners tax offset: up to $2,230 for singles. SAPTO thresholds.
HELP repayment thresholds
| 2025–26 | 2026–27 | |
|---|---|---|
| Repayments start above | $67,000 | $69,528 |
| 17c rate starts above | $125,000 | $129,717 |
| 10% of all income from | $179,285 | $186,050 |
Work out your repayment with the HECS-HELP repayment calculator.
Super guarantee
Employers pay 12% of ordinary time earnings into your super fund, on top of your pay. From 1 July 2026 it's due with every pay under Payday Super.
See what these rates mean for your pay with the pay calculator, or how much tax you pay at each salary.