tax rates for resident individuals – 6.5.1

Tax Rates for individuals – 2021/2022

Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate)
$18,200 Nil 19%
$45,000 $5,092 32.5%
$120,000 $29,467 37%
$180,000 $51,667 45%

Tax Rates for individuals – 2020/2021

Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate)
$18,200 Nil 19%
$45,000 $5,092 32.5%
$120,000 $29,467 37%
$180,000 $51,667 45%

Tax Rates for individuals – 2019/2020

Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate)
$18,200 Nil 19%
$37,000 $3,572 32.5%
$90,000 $20,797 37%
$180,000 $54,097 45%

Tax Rates for individuals – 2018/2019

Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate)
$18,200 Nil 19%
$37,000 $3,572 32.5%
$90,000 $20,797 37%
$180,000 $54,097 45%

Tax Rates for individuals – 2017/2018

Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate)
$18,200 Nil 19%
$37,000 $3,572 32.5%
$87,000 $19,822 37%
$180,000 $54,232 45%

Tax Rates for individuals – 2016/2017

Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate)
$18,200 Nil 19%
$37,000 $3,572 32.5%
$87,000 $17,547 37%
$180,000 $54,547 45%

Tax Rates for individuals – 2015/2016

Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate)
$18,200 Nil 19%
$37,000 $3,572 32.5%
$80,000 $17,547 37%
$180,000 $54,547 45%

Tax Rates for individuals – 2014/2015

Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate)
$18,200 Nil 19%
$37,000 $3,572 32.5%
$80,000 $17,547 37%
$180,000 $54,547 45%

Tax Rates for individuals – 2013/2014

Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate)
$18,200 Nil 19%
$37,000 $3,572 32.5%
$80,000 $17,547 37%
$180,000 $54,547 45%

Tax Rates for individuals – 2012/2013

Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate)
$18,200 Nil 19%
$37,000 $3,572 32.5%
$80,000 $17,547 37%
$180,000 $54,547 45%

Tax Rates for individuals – 2011/2012

Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate)
$6,000 Nil 15%
$37,000 $4,650 30%
$80,000 $17,550 37%
$180,000 $54,550 45%

Tax Rates for individuals – 2010/2011

Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate)
$6,000 Nil 15%
$37,000 $4,650 30%
$80,000 $17,550 37%
$180,000 $54,550 45%

Tax Rates for individuals – 2009/2010

Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate)
$6,000 Nil 15%
$35,000 $4,350 30%
$80,000 $17,850 38%
$180,000 $55,850 45%

Tax Rates for individuals – 2008/2009

Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate)
$6,000 Nil 15%
$34,000 $4,200 30%
$80,000 $18,000 40%
$180,000 $58,000 45%