What’s new

26 October 2017

Residents: Personal tax rates and thresholds

These rates apply to individuals who are Australian residents for tax purposes:

Income Range ($)Rates in 2025-26 (%)Rates in 2026-27 (%)Rates in 2027-28 (%)
0 – 18,200Tax-freeTax-freeTax-free
18,201 – 45,000161514
45,001 – 135,000303030
135,001 – 190,000373737
More than 190,000454545


Increase to Medicare Levy low-income thresholds

·         As announced prior to budget night, the Medicare Levy low-income thresholds amounts and ranges have been increased for singles, families, seniors and pensioners

·         These increases have been enacted into legislation already and apply from 1 July 2026

·         The Medicare Levy low-income thresholds for the 2026-2027 income year are below:

Category of Taxpayer No Medicare Levy payable at or below: Reduced Medicate Levy payable within: Full Medicare Levy payable at or above:
Individuals $28,011 $28,011 - $35,014 $35,014
Individuals eligible for the SAPTO $44,268 $44,268 - $55,335 $55,335
Families eligible for the SAPTO $61,623 $59,886- $74,857 $77,029
Families not eligible for the SAPTO with no dependent child or student $47,238 $47,238 – 59,048 $59,048
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