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ONLINE RESOURCES / TAXATION INFORMATION /

Income tax rates

For residents of Australia

Taxed

Complying superannuation fund

15%

Non-complying superannuation fund

45%

Company

30%

For individuals 2010/2011

Taxable income

Tax on this income

$1 – $6,000

Nil

$6,001 – $37,000

15% for income in excess of $6,000

$37,001 - $80,000

$4,650 plus 30% for income in excess of $37,000

$80,001 – $180,000

$17,750 plus 37% for income in excess of $80,000

Over $180,000

$54,500 plus 45% for income in excess of $180,000


The above rates do not include the Medicare levy of 1.5%