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07 304 00 304  

2021 Resident Individual

The following rates apply to individuals who are residents of Australia for tax purposes for the entire income year.

Taxable Income1

$

Tax Payable1,3
0 – 18,200Nil
18,201 – 45,00019% of excess over $18,200
45,001 – 120,000$5,092 + 32.5% of excess over $45,000
120,001 – 180,000$29,467 + 37% of excess over $120,000
180,001+$51,667 + 45% of excess over $180,000
  • The above rates do not include the Medicare levy of 2%.

The tax-free threshold may effectively be higher for taxpayers eligible for the Low-Income Tax Offset, the Seniors and Pensioners Tax Offset and/or certain other tax offsets

2021 Non-resident Individual

The following rates apply to individuals who are not residents of Australia for tax purposes for the entire income year:

Taxable Income

$

Tax Payable1
0 – 120,00032.5% of the entire amount
120,001 – 180,000$39000 + 37% of excess over $1200,000
180,001+$61,200 + 45%2 of excess over $180,000
  • Medicare Levy is not payable by non-residents.

ATO Simple Tax Calculator

U2

NARANGBA

16 Hall Road, Narangba, Qld, 4504 Phone: +61 (07) 304 00 304 E-Mail: garry@umbrellaaccountants.com.au

North Lakes

Unit 1.03, 15 Discovery Drive, North Lakes, Qld, 4509 Phone: 07 304 00 304 E-Mail: garry@umbrellaaccountants.com.au

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