Income Tax Calculator
Income Tax Calculator
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Australian Income Tax Guide
Understanding the tax system in Australia (2024-2025)
Income tax in Australia is collected by the Australian Taxation Office (ATO) on behalf of the Australian Government. Australia has a progressive tax system, meaning the higher your income, the higher percentage of tax you pay.
Income Tax Rates (2024-2025)
The following tax rates apply to Australian residents for tax purposes:
| Taxable Income | Tax on this Income |
|---|---|
| $0 – $18,200 | Nil |
| $18,201 – $45,000 | 19c for each $1 over $18,200 |
| $45,001 – $120,000 | $5,092 plus 32.5c for each $1 over $45,000 |
| $120,001 – $180,000 | $29,467 plus 37c for each $1 over $120,000 |
| $180,001 and over | $51,667 plus 45c for each $1 over $180,000 |
Tax Brackets Explained
Tax-Free Threshold
The first $18,200 of your yearly income isn’t taxed.
Low Income
From $18,201 to $45,000, you pay 19 cents for each dollar over $18,200.
Middle Income
From $45,001 to $120,000, tax increases to 32.5 cents per dollar over $45,000.
Important Tax Deadlines
Common Tax Deductions
You can claim deductions for expenses directly related to earning your income:
- Work-related vehicle and travel expenses
- Home office expenses
- Self-education expenses related to your current employment
- Tools, equipment, and other assets
- Union fees and professional subscriptions
- Clothing, laundry, and dry-cleaning expenses (work uniforms)
- Charitable donations to registered organizations
- Cost of managing tax affairs
Medicare Levy
Most Australian residents pay a 2% Medicare levy on their taxable income in addition to income tax. Low-income earners may receive a reduction or exemption.
Tax File Number (TFN)
You need a TFN to work in Australia. Without it, you may be taxed at the highest marginal rate. Your TFN is yours for life, even if you change your name or job.
This infographic is for general information only. For specific tax advice, consult with a registered tax agent or contact the Australian Taxation Office (ATO).
