How it works
Resident rates are nil to $18,200, then 15% to $45,000, 30% to $135,000, 37% to $190,000 and 45% above. The 16% rate fell to 15% from 1 July 2026. Superannuation paid by your employer is on top of salary and not deducted here. The 2026-27 schedule reflects the legislated cut of the 16% rate to 15% from 1 July 2026. Confirm current rates on ato.gov.au.