Tax Tables

The tax instalment tables for PAYG wage and salary earners can be obtained in a number of formats.

Printed Tables – downloadable PDF files

Includes weekly, fortnightly, monthly and quarterly tax instalment schedules.

Tax scales applicable from 1 July 2018 and continuing from 1 July 2019 through 2019-20

The 2018 budget provided for changes to the personal tax scale commencing 1 July 2018, The effect of the changes in 2018-19 were to lift the 32.5% band ceiling from $87,000 to $90,000.

The 2019 budget provided no further changes to the basic tax scale, however an increase of the Low and Middle Income Offset was announced. Most tax deduction schedules from 1 July 2018 therefore continue to apply through 2019-20.

A list of links for 2019-20 tables is here.

A list of links for 2018-19 tax tables is here.  A list of 2017-18 tax tables is here plus links to earlier years

The Mobile App – free from the Tax Office

ato-mobile-tax-appThe Tax Office’s free mobile app contains a number of handy tax tools, including  a salary and wage PAYG tax withholding calculator.

Also included in the app are functions to:

  • work out if your worker is an employee or contractor for tax and super purposes
  • search Small Business Assist to find relevant information and YouTube video explanations on a range of topics
  • see how quickly you can pay off a tax debt with a payment plan
  • track the progress of your individual income tax return after you have lodged
  • view income tax rates for the current financial year
  • lodge your tax return with myTax
  • check out business benchmarks

Further information and download links are available here: get the ATO App

 

Desktop Spreadsheet – PAYG Calculator – current to 30 June 2020

For the convenience of a spreadsheet tax instalment calculator always handy to keep on your computer desktop.

The 2018-19 PAYG calculator applies from 1 July 2018 and continues through 2019-20.

Weekly, Fortnightly, Monthly & Quarterly tax instalment calculator 2018-19-20

This simple easy-to-use spreadsheet covers weekly, fortnightly, monthly and quarterly tax instalments for employees. The calculations use the authorised formulae published in ATO document number NAT 1004 for common calculation scenarios Scales 1 to 6: Including residents, non-residents and tax offsets. (MS Excel for PC “.xls” compatibility version 97-2003)

This calculator takes up ATO formulae as applying from 1 July 2018 through to 30 June 2020.  The price is $7.97 including gst.




Immediate download: On completion of your payment your browser will be sent to a download link.

 

 

About PAYG (withholding) Tax Instalment Deductions For Employees

The required tax instalment deductions from employees’ pays in are set out in tax tables normally updated annually by regulations and published by the Tax Office in printed and PDF. Some situations with more complex requirements are maintained as an online resource.

The tax tables are intended to provide an estimate of the final tax payable when an employee lodges his or her tax return for assessment at the end of the financial year.

Changes to the 2018-19 tax scale foreshadowed in the 2018 Budget include an increase in the ceiling of the 32.5% band from $87,000 to $90,000. The 2019 budget produced no further changes to the basic scale, however the low income earners tax offset (payable on tax assessment) is increased.

Tax tables for the 2017-18 financial year were updated to reflect the removal of the top rate 2% surcharge (incomes over $180,000) but otherwise remain the same as the 2016-17 financial year.

Significant changes were made to the tax scale in 2012-13 – see Comparison of 2013 and 2012 Tax Rates. There were no further changes in the basic scale until 2014-15 when the medicare levy basic percentage increased by 0.5% and a 2% budget levy added to the top marginal tax rate which applies until until 30 June 2017.  A further increase in the basic medicare percentage rate, moving to 2.5%, is scheduled for 1 July 2019.

Official tax instalment (PAYG) rates are slightly more than the actual tax rate. So all things being equal, an employee with nothing other than wages to put in their tax return, could normally expect a small refund on the final tax assessment.

This normally means there is a small difference between the tax calculated by our PAYG calculator (or manually from the tax instalment schedules) compared to an annual income tax calculation based on the actual tax rates.  The difference is perfectly normal, and simply due to the slight difference in the calculation formulae.

You can see this discrepancy by comparison if you have both calculators, or by comparing (for the 2017-18 year) the PAYG deduction formulae here, with the annual tax scale here.

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This page was last modified 2019-07-02