The current tax tables in use came into force from 13 October 2020 and continue to apply through the 2020-21, 2021-22 and 2022-23 years (with limited exceptions noted below).
The Federal Budget on 29 March 2022 did not result in any changes to tax rates or income thresholds for the 2022-23 income year.
From 1 July 2021, new withholding rates apply for Schedule 8 – Statement of formulas for calculating study and training support loans components (NAT 3539). All other withholding rates remain unchanged.
From 1 July 2021 Schedule 4 (super income streams (NAT 70982) and Schedule 13 (return to work payments (NAT 3347)) have minor content changes, but no change to the withholding rates. Full details at ato.gov.au
Spreadsheet Calculator Individual Tax Withholding For 2021-22-23 (Scales 1 to 6)
A downloadable Excel spreadsheet withholding calculator for individuals which contains the most commonly used tax scales for weekly, fortnightly, monthly and quarterly calculations.
This tool handles calculations for tax scales 1 to 6, together with resident, non-resident, optional medicare levy reduction, HECS/HELP loan additions and claiming of tax offsets.
Current tax withholding schedules
Previous years’ withholding schedules
See Also The Tax Office’s Mobile App
The Tax Office’s free mobile app contains a number of handy tax tools, and includes a salary and wage PAYG tax withholding calculator. Get the ATO App
Further info and sources
This page was last modified 2022-05-16