Personal Tax Calculator
Taxable Income
$100,000
$0 -
$18,200
0.0%
$18,201 -
$45,000
19.0%
$45,001 -
$120,000
32.5%
$120,001 -
$180,000
37.0%
Over
$180,000
45.0%
Tax Payable
$25,266
(25.27%)
Income Tax
$22,266
Medicare Levy
$2,000
Medicare Levy Surcharge
$1,000
Detail | Value ($) |
---|---|
Taxable Income | $100,000 |
Income Tax | $22,266 |
Low Income Offset | ($700) |
Medicare Levy | $2,000 |
Medicare Levy Surcharge | $1,000 |
HELP Repayment | $0 |
Total Tax | $25,266 |
Rates
Income Tax
Taxable Income | Rate |
---|---|
$0 - $18,200 | 0.0% |
$18,201 - $45,000 | 19.0% |
$45,001 - $120,000 | 32.5% |
$120,001 - $180,000 | 37.0% |
$180,001+ | 45.0% |
Medicare Levy
Taxable Income | Rate |
---|---|
$0 - $26,000 | 0.0% |
$26,001 - $32,500 | 10.0% of income between thresholds |
$32,501+ | 2.0% |
Medicare Levy Surcharge
Taxable Income | Rate |
---|---|
$0 - $97,000 | 0.0% |
$97,001 - $113,000 | 1.0% |
$113,001 - $151,000 | 1.25% |
$151,001+ | 1.5% |
Taxable Income | Repayment rate |
---|---|
$0 - $54,434 | 0.0% |
$54,435 - $62,850 | 1.0% |
$62,851 - $66,620 | 2.0% |
$66,621 - $70,618 | 2.5% |
$70,619 - $74,855 | 3.0% |
$74,856 - $79,346 | 3.5% |
$79,347 - $84,107 | 4.0% |
$84,108 - $89,154 | 4.5% |
$89,155 - $94,503 | 5.0% |
$94,504 - $100,174 | 5.5% |
$100,175 - $106,185 | 6.0% |
$106,186 - $112,556 | 6.5% |
$112,557 - $119,309 | 7.0% |
$119,310 - $126,467 | 7.5% |
$126,468 - $134,056 | 8.0% |
$134,057 - $142,100 | 8.5% |
$142,101 - $150,626 | 9.0% |
$150,627 - $159,663 | 9.5% |
$159,664+ | 10.0% |