Wage Calculator
1 July 2025 – 30 June 2026

Australian Tax Rates 2025–26

Quick-reference for all key Australian tax rates, thresholds, and caps for the 2025-26 financial year — every figure sourced from the same constants that power the site's calculators.

Income Tax Brackets

Resident individuals pay tax at marginal rates — each rate applies only to the slice of income inside its bracket. The Stage 3 rates that started on 1 July 2024 continue unchanged for 2025-26.

Taxable incomeMarginal rate
$0 – $18,2000%
$18,201 – $45,00016%
$45,001 – $135,00030%
$135,001 – $190,00037%
$190,001 – and over45%
Excludes the 2% Medicare levy and Medicare Levy Surcharge. Foreign residents are taxed progressively with no tax-free threshold: $0 – $135,000 at 30%; $135,001 – $190,000 at 37%; over $190,000 at 45%. Foreign residents are not liable for the Medicare Levy.

See how these brackets land on your own pay with the tax calculator or the take-home pay calculator.

Low Income Tax Offset (LITO)

Maximum $700 — automatically applied by the ATO. Reduces tax payable (not taxable income), lifting the effective tax-free threshold to about $22,575. LMITO ended 30 June 2022 and does not apply for 2025-26.

Taxable incomeLITO amount
$0 – $37,500$700 (maximum)
$37,501 – $45,000$700 less 5c per $1 above $37,500
$45,001 – $66,667$325 less 1.5c per $1 above $45,000
$66,668+Nil

Medicare Levy

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

Standard rate2%
Single threshold (2025-26)$29,207
Shade-in range (singles)$29,207 – $36,509
Family threshold$49,304
Family child increment+$4,496 per dependent
Shade-in rate10% on income above threshold

Holders of a Medicare Entitlement Statement, certain visa categories, and low-income earners below the threshold may be exempt or reduced.

Medicare Levy Surcharge (MLS)

Applies to individuals and families without private hospital cover whose income exceeds the base threshold. Paid in addition to the standard 2% Medicare levy.

TierSingle incomeFamily incomeSurcharge
Below thresholdBelow $101,000Below $202,000No surcharge
Tier 1$101,001 – $118,000$202,001 – $236,0001%
Tier 2$118,001 – $158,000$236,001 – $316,0001.25%
Tier 3$158,001+$316,001+1.5%
Family threshold increases by $1,500 for each dependent child after the first. MLS income includes taxable income, total net investment losses, and reportable fringe benefits.

HECS/HELP Repayment Rates

New system from 1 July 2025Indexation rate: 3.2% (from 1 June 2025)

From 2025-26, HECS/HELP uses a marginal repayment system — you repay a percentage of income above each bracket threshold, not a flat percentage of total income.

Repayment incomeAnnual repayment
$0 – $67,000Nil
$67,001 – $125,00015c per dollar above $67,000
$125,001 – $179,285$8,700 plus 17c per dollar above $125,000
$179,286+10% of total repayment income

Project your own repayments and payoff timeline with the HECS repayment calculator.

Show 2024-25 HECS rates (percentage-based system)
Repayment incomeRate (% of total income)
Below $54,435Nil
$54,435 – $62,8501.0%
$62,851 – $66,6202.0%
$66,621 – $70,6182.5%
$70,619 – $74,8553.0%
$74,856 – $79,3463.5%
$79,347 – $84,1074.0%
$84,108 – $89,1544.5%
$89,155 – $94,5035.0%
$94,504 – $100,1745.5%
$100,175 – $106,1856.0%
$106,186 – $112,5566.5%
$112,557 – $119,3097.0%
$119,310 – $126,4677.5%
$126,468 – $134,0568.0%
$134,057 – $142,1008.5%
$142,101 – $150,6269.0%
$150,627 – $159,6639.5%
$159,664 – +10.0%

Superannuation

Key rates and caps for the 2025-26 financial year.

Super Guarantee (SG) rate12%
Concessional contributions cap$30,000
Non-concessional cap$120,000
Bring-forward rule (3 years)$360,000
Division 293 threshold$250,000
Division 293 extra tax rate15%
Max contributions base (quarterly)$62,500
Transfer balance cap$2,000,000

Concessional contributions include employer SG, salary sacrifice, and personal deductible contributions. The non-concessional cap is nil once total super balance exceeds the $2,000,000 transfer balance cap. Model contribution strategies with the super projection calculator.

Other Key Rates

GST rate10%
GST registration threshold$75,000 turnover
FBT rate47%
FBT year1 April – 31 March
Company tax rate (standard)30%
CGT discount (individuals, 12+ months)50%
Luxury car tax threshold (fuel efficient)$91,387

What changes from 1 July 2026

Legislated cuts to the second bracket

The Australian Government has legislated further cuts to the rate on the second bracket ($18,200$45,000), stepping down from 16% from 1 July 2026 and again from 1 July 2027. The 2025-26 rates on this page are unaffected. See the Budget cost-of-living factsheet for the legislated path — this reference will be joined by a 2026-27 page when the new year starts.

See how these rates apply to your salary

Enter your income to see your exact take-home pay, HECS repayment, super, and Medicare levy under the 2025-26 settings.

Frequently Asked Questions

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What are the income tax brackets for 2025-26 in Australia?

For 2025-26, Australian residents pay 0% on up to $18,200, 16% on $18,201–$45,000, 30% on $45,001–$135,000, 37% on $135,001–$190,000, 45% on over $190,000. These are the Stage 3 rates that took effect from 1 July 2024 and continue unchanged in 2025-26.

How much tax do I pay on $80,000 in 2025-26?

On $80,000 taxable income, income tax is $14,788 using the 2025-26 brackets. Add the 2% Medicare levy ($1,600) for a total of $16,388. LITO has fully tapered out at this income, so take-home pay is approximately $63,612 — use the tax calculator for a precise figure including HECS or MLS.

What is the tax-free threshold in Australia for 2025-26?

The tax-free threshold is $18,200 for 2025-26. If you earn $18,200 or less, you pay no income tax. With the Low Income Tax Offset (LITO) of up to $700, the effective tax-free threshold is about $22,575 for most residents.

What is the Medicare levy threshold for 2025-26?

The Medicare levy phase-in threshold for singles is $29,207 in 2025-26. Below this, no Medicare levy applies. Between $29,207 and $36,509, a reduced levy of 10% of income above the threshold applies. Above $36,509, the full 2% levy applies.

What is the HECS repayment threshold for 2025-26?

The HECS/HELP repayment threshold is $67,000 for 2025-26, using a marginal repayment system: 15c per dollar above $67,000; $8,700 plus 17c per dollar above $125,000; 10% of total repayment income.

What is the superannuation guarantee rate for 2025-26?

The Super Guarantee (SG) rate is 12% for 2025-26. Employers must contribute 12% of an employee's ordinary time earnings into their super fund. The concessional contributions cap (including employer SG and salary sacrifice) is $30,000 for 2025-26.

This reference page is for general information only. Tax rates are sourced from the ATO and are correct as at 1 July 2025. Rates and thresholds are subject to legislative change. Always consult a registered tax agent for advice on your specific circumstances.