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Tax rates reference

Australian income tax brackets and rates

Income tax brackets, Medicare levy, HECS/HELP and super rates for every financial year — the same figures used by this site's calculators.

Current income tax brackets

2026–27

Resident individuals pay tax at marginal rates — each rate applies only to the slice of income inside its bracket.

Taxable incomeMarginal rate
$0 – $18,2000%
$18,201 – $45,00015%
$45,001 – $135,00030%
$135,001 – $190,00037%
$190,001 – and over45%

See every 2026–27 rate — LITO, Medicare levy, MLS, HECS and super →

Key figures at a glance

Select a figure to open the full table on the 2026–27 page.

Browse

Browse by financial year

PAYG withholding tax tables

How much tax comes out of a payslip — the ATO Schedule 1 amounts withheld per pay period, with and without the tax-free threshold and with the study-loan (STSL) component.

This hub is a rates reference — the tables above and the year pages below give you the raw numbers. For how the tax system actually works — brackets, offsets and levies combining to determine what you pay — see the income tax guide. To check how much tax comes out of a single payslip under these rates, use the PAYG withholding calculator.

See how the 2026-27 rates apply to your salary

Enter your income to see your exact take-home pay, HECS repayment, super, and Medicare levy under the 2026-27 settings.

Frequently Asked Questions

Have a question we didn’t answer? Contact us →

What are the current income tax brackets in Australia?

For 2026-27, Australian residents pay 0% on up to $18,200, 15% on $18,201–$45,000, 30% on $45,001–$135,000, 37% on $135,001–$190,000, 45% on over $190,000. Every supported financial year has its own full set of tables on this page's year links.

What is the tax-free threshold in Australia?

The tax-free threshold is $18,200 for 2026-27. If your taxable income is $18,200 or less, you pay no income tax.

How do marginal tax rates work?

Australia uses a progressive marginal system — each rate only applies to the slice of income inside its bracket, not your whole income. For 2026-27, the top marginal rate is 45% and applies only to income above the top bracket's threshold.

What is the Medicare levy rate?

The standard Medicare levy is 2% of taxable income for most Australian residents in 2026-27, with a shade-in range that phases the levy in above a low-income threshold.

Where do I find previous years' tax rates?

Every supported financial year has its own reference page — for example, /tax-rates/2026-27 covers the current year. The year links on this page open each one.

What's the difference between this page and the income tax guide?

This hub is a quick-reference for the rates and thresholds themselves — brackets, Medicare levy, HECS and super — organised by financial year. The income tax guide explains how the system works: how brackets, offsets and levies combine to determine what you actually pay.