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  4. Australian Income Tax Rates: Tax Tables For 2011/2012, 2012/2013

Australian Income Tax Rates: Tax Tables For 2011/2012, 2012/2013

Tax rates included here are for:

  • 2012/2013
  • 2011/2012
  • 2010/2011
  • 2009/2010

You can use our Income Tax Calculator to calculate your tax payable. You can also check out our Medicare Levy & Medicare Levy Surcharge guide as well as our Flood Levy Information guide for more info.

Tax Rates 2012/2013 Financial Year

The following rates for 2012-13 apply from 1 July 2012.

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

Medicare Levy = 1.5 % Medicare Levy Surcharge = 1%

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Tax Rates 2011/2012 Financial Year

The following rates for 2011-12 apply from 1 July 2011.

Taxable income

Tax on this income

0 – $6,000

Nil

$6,001 – $37,000

15c for each $1 over $6,000

$37,001 – $80,000

$4,650 plus 30c for each $1 over $37,000

$80,001 – $180,000

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

$180,001 and over

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

Medicare Levy = 1.5 %

Medicare Levy Surcharge = 1%

Earning over $50,000 for the financial year? Unless affected by the floods you’re going to have to pay the flood levy. Check out our Flood Levy Information guide for more info. You can also use our Flood Levy Calculator to calculate how much you have to pay.

Tax Rates 2010/2011 Financial Year

Taxable income

Tax on this income

0 – $6,000

Nil

$6,001 – $37,000

15c for each $1 over $6,000

$37,001 – $80,000

$4,650 plus 30c for each $1 over $37,000

$80,001 – $180,000

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

$180,001 and over

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

Medicare Levy = 1.5%
Medicare Levy Surcharge = 1%

Tax Rates 2009/2010 Financial Year

Taxable income

Tax on this income

$0 – $6,000

Nil

$6,001 – $35,000

15c for each $1 over $6,000

$35,001 – $80,000

$4,350 plus 30c for each $1 over $35,000

$80,001 – $180,000

$17,850 plus 38c for each $1 over $80,000

$180,001 and over

$55,850 plus 45c for each $1 over $180,000

Medicare Levy = 1.5%
Medicare Levy Surcharge = 1%

Medicare Levy Low Income Thresholds

Taxable income

Medicare Levy

$0 – $18,488

Nil

$18,489 – $21,750

10% of the amount over $18,489

More Than $21,750

Normal Rate of 1.5% of Taxable Income

These thresholds are for individuals and those not entitled to the pensioner tax offset or senior Australians tax offset

 

References & Sources

Individual income tax rates, ATO