Tax brackets and rates

Every taxpayer is placed within a specific tax bracket, which outlines the amount of tax payable per dollar earned depending on your individual circumstance. These amounts are dependent on a couple of factors including, the sum you have earned and your current Australian residential status. These rates are outlined in the tables below:

Resident tax rates 2022-2023

Foreign resident tax rates 2022-2023

Working holiday maker tax rates 2022-2023

Note: These tables above do not include the Medicare levy of an additional 2% of taxable income, which applies to most residents.

To assist in calculating and estimating how much tax you are required to pay; the Australian Taxation Office (ATO) have created an online simple tax calculator. You can find this tax calculator by following this link: Simple tax calculator