2021-22 Lodgement Rates and Thresholds

The essential information is right here in one spot to prevent you from having to laboriously research for the proper tax rate or suitable threshold.

In this guide you'll find the latest tax rates and thresholds:


Individual Tax Rates

Individual Tax Rates For Residents

2020-21 Tax thresholds

Taxable Income

Rate (%)

Tax on this Income

$0 - $18,200

0

Nil

$18,201 - $45,000

19

19c for each $1 over $18,200

$45,001 - $120,000

32.5

$5,092 plus 32.5c for each $1 over $45,000

$120,001 - $180,000

37

$29,467 plus 37c for each $1 over $120,000

$180,001 & above

45

$51,667 plus 45c for each $1 over $180,000

2021-22 Tax thresholds

Taxable Income

Rate (%)

Tax on this Income

$0 - $18,200

0