Tax rates for your return
| Taxable income | 2025–26 | 2026–27 |
|---|---|---|
| Up to $18,200 | 0% | 0% |
| $18,201 to $45,000 | 16% | 15% |
| $45,001 to $135,000 | 30% | 30% |
| $135,001 to $190,000 | 37% | 37% |
| Over $190,000 | 45% | 45% |
Plus the 2% Medicare levy, reduced or nil on low incomes, and the Medicare levy surcharge if you earn over $101,000 (2025–26) without private hospital cover.