ATO Tax Rates 2014-2015 Year (Non-Residents)**
The 2014-15 tax year runs from 1 July 2014 to 30 June 2015.
Non-residents tax rates 2014-15 | |
Taxable income | Tax on this income |
$0 – $80,000 | 32.5c for each $1 |
$80,001 – $180,000 | $26,000 + 37c for each $1 over $80,000 |
$180,001 and over | $63,000 + 47c ** for each $1 over $180,000 |
** Including the Temporary Budget Repair Levy of 2%
Budget Repair Levy on higher income earners
The Federal Budget 2014-15 presented to parliament on 13 May 2014 contained a proposal for a Temporary Budget Repair Levy of 2% of taxable incomes in excess $180,000.
This increases the highest marginal tax rate in the table above from 45% to 47%.
The Levy legislation legislation became law on 25 June 2014 and takes effect for 3 years from 1 July 2014 until 30 June 2017.
Flood Levy is not applicable.
Non-residents do not pay the Medicare Levy.
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This page was last modified 2020-04-14