PERSONAL INCOME TAX RATE IN AUSTRALIA FOR 2012-13, 2011-12

 

 

PERSONAL TAX RATES FOR AUSTRALIAN RESIDENTS FOR 2012-13 (FROM JULY 2012)

Income Slab  

Income Tax Rate %

Income upto $18,200  

0

 

$18,201-$37,000

 

19c for each $1 over $18,200

 

$37001-$80000

 

$3572+32.5c for each $1 over $37,000

 

$80,001-$180,000

 

$17,547+37c for each $1 over $80,000

 

$180,001 and over

 

$54,547+45c for each $1 over $180,000

The above income tax rates does not include Medicare levy of 1.5%

 

PERSONAL TAX RATES FOR AUSTRALIAN RESIDENTS FOR 2011-12 (FROM JULY 2011)

Income Slab  

Income Tax Rate %

Income upto $6,000  

0

 

$6,001-$37,000

 

15c for each $1 over $6,000

 

$37001-$80000

 

$4650+30c for each $1 over $37,000

 

$80,001-$180,000

 

$17,550+37c for each $1 over $80,000

 

$180,001 and over

 

$54,550+45c for each $1 over $180,000

The above income tax rates does not include Medicare levy of 1.5%

 

 

PERSONAL TAX RATES FOR FOREIGN RESIDENTS FOR 2012-13 (FROM JULY 2012)

Income Slab  

Income Tax Rate %

Income upto $80,000  

32.5c for each $1

 

$80,001-$180,000

 

$26,000+37c for each $1 over $80,000

 

$180,001 and over

 

$63,000+45c for each $1 over $180,000

Foreign residents are not liable to pay Medicare Levy

 

PERSONAL TAX RATES FOR FOREIGN RESIDENTS FOR 2011-12 (FROM JULY 2011)

Income Slab  

Income Tax Rate %

Income upto $37,000  

29c for each $1

 

$37001-$80000

 

$10,730+30c for each $1 over $37,000

 

$80,001-$180,000

 

$23,630+37c for each $1 over $80,000

 

$180,001 and over

 

$60,630+45c for each $1 over $180,000

Foreign residents are not liable to pay Medicare Levy

Above rates does not include food levy

Note: Tax Rates mentioned above are indicative only. Please check from the particular department for accurate tax rate

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