Australian Income Tax Rates for 2017

This year's income tax brackets and tax rates used to calculate your expected tax refund or tax payable to the ATO.

Income Tax Rates

Australian Residents

Income Level
Marginal Tax Rate
0 to $18,200 Nil
$18,201 to $37,000 19c for each $1 over $18,200
$37,001 to $87,000 $3,572 plus 32.5c for each $1 over $37,000
$87,001 to $180,000 $19,822 plus 37c for each $1 over $87,000
$180,001 and over $54,232 plus 47c for each $1 over $180,000

Non-Residents

Income Level
Marginal Tax Rate
$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
Low Income Tax Offset

Maximum Offset of $445
Offset phases out at a rate of 1.5% at incomes over $37,000 with the upper limit set at $66,667.

Medicare Levy

The standard Medicare Levy is 1.5% of your taxable income if your income is above the Medicare Levy Reduction threshold.

Medicare Levy Reduction Thresholds

Individual Income Thresholds

Low Threshold
High Threshold
Eligible for Senior Tax Offset: $34,244 $42,805
Eligible for Pensioner Tax Offset: $34,244 $42,805
All Other Taxpayers: $21,655 $27,068

Family Income Thresholds

Low Threshold
High Threshold
Eligible for Senior Tax Offset: $47,670 $59,587
All Other Taxpayers: $36,541 $45,676
Medicare Levy Surcharge

The standard Medicare Levy Surcharge is 1% of your taxable income and reportable fringe benefits if your income is above the Medicare Levy Surcharge thresholds.

Medicare Levy Surcharge Thresholds
Single Threshold:
$90,000
Family Threshold:
$180,000
Education Repayment

HECS-HELP debt Repayment Rate

Taxable Income
Repayment Rate
Below $54,868 Nil
$54,869 to $61,119 4%
$61,120 to $67,368 4.5%
$67,369 to $70,909 5%
$70,910 to $76,222 5.5%
$76,223 to $82,550 6%
$82,551 to $86,894 6.5%
$86,895 to $95,626 7%
$95,627 to $101,899 7.5%
$101,900 and above 8%

SFSS debt Repayment Rate

Taxable Income
Repayment Rate
Below $54,869 Nil
$54,869 - $67,368 2%
$67,369 - $95,626 3%
$95,627 and above 4%