What is the tax rate percentage in australia?

2
Breanna Donnelly asked a question: What is the tax rate percentage in australia?
Asked By: Breanna Donnelly
Date created: Thu, Aug 26, 2021 8:54 PM
Date updated: Tue, Jun 28, 2022 8:59 AM

Content

Top best answers to the question «What is the tax rate percentage in australia»

  • The Personal Income Tax Rate in Australia stands at 45 percent. source: Australian Taxation Office 10Y 25Y

Australian income tax rates for 2018–19 and 2019–20 (residents)

Income thresholdsRateTax payable from 2018–19 and 2019–20
$0 – $18,2000%Nil
$18,201 – $37,00019%19c for each $1 over $18,200
$37,001 – $90,00032.5%$3,572 plus 32.5c for each $1 over $37,000
$90,001 – $180,00037%$20,797 plus 37c for each $1 over $87,000

Your Answer