Resident Individual Tax Rates

Tax years for Individual Taxpayers run from 1 July to 30 June.

The rates shown for future years reflect the current state of the law at the time of editing, and presume that the government won’t find a reason to fiddle with them between now and then.

 

The basic structure of resident tax scales currently in force were enacted to apply from 1 July 2012 and are legislated to continue in effect until 30 June 2015.

A small rate change legislated for the year commencing 1 July 2015 has since been rescinded by government announcement and legislation is currently before the Federal parliament.

The result of that legislation, if passed, will restore the rates to those applying for the years 1 July 2012 through to 30 June 2015. See progress of this matter here.

 

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This page was last modified on 18 April 2014