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🇦🇺 Australia

Taxes

Australia has progressive income tax (0-45% for residents, 32.5-45% for non-residents from first dollar). Tax year runs July 1 to June 30. Residents get $18,200 tax-free threshold. Strong superannuation system for retirement.

Taxes in Australia

Australia's tax system is straightforward compared to many countries. Understanding residency status is key to determining your obligations.

Tax Residency

You're an Australian tax resident if you:

  • Live in Australia permanently
  • Stay 183+ days in the tax year (presumed resident)
  • Have your permanent home in Australia

Tax residents pay progressive rates on worldwide income with tax-free threshold.

Non-residents pay flat 32.5% from the first dollar on Australian income only.

Income Tax Rates (2025-26)

Australian Residents:

Taxable IncomeRateTax On This Bracket
$0 - $18,2000%$0
$18,201 - $45,00016%Up to $4,288
$45,001 - $135,00030%$4,288 + 30% over $45K
$135,001 - $190,00037%$31,288 + 37% over $135K
$190,001+45%$51,638 + 45% over $190K

Changes from July 2026: 16% rate drops to 15%

Changes from July 2027: 15% rate drops to 14%

Non-Residents:

Taxable IncomeRate
$0 - $135,00032.5%
$135,001 - $190,00037%
$190,001+45%

Additional Taxes/Levies

TaxRateWho Pays
Medicare Levy2%Tax residents
Medicare Levy Surcharge1-1.5%High earners without private insurance ($90K+)
HELP/HECS1-10%Those with student loans

Superannuation (Retirement)

Employer contributions:

  • Currently 11.5% of ordinary earnings (increasing to 12% by 2025)
  • Paid into your super fund on top of salary
  • Preserved until retirement (age 60+)

What to know:

  • Choose your own super fund or use employer's default
  • Can consolidate multiple accounts
  • Tax-advantaged savings (15% tax rate)
  • Some may be eligible to withdraw when leaving Australia permanently

Working Holiday Makers

Special tax rate for 417/462 visa holders:

  • 15% on first $45,000
  • Then non-resident rates apply

Key Tax Dates

DateEvent
July 1New tax year begins
June 30Tax year ends
October 31Tax return due (self-lodging)
May 15Extended deadline via tax agent

For New Immigrants

First steps:

  1. Apply for Tax File Number (TFN) - needed for employment
  2. Determine your tax residency status
  3. Keep records of overseas income if tax resident
  4. Consider existing tax treaties (Australia has 45+)

Lodging returns:

  • myTax (online, free) for simple returns
  • Tax agents for complex situations
  • Many expats use agents first year, then DIY

Pro Tips

  • Apply for TFN immediately - you need it for employment
  • Tax residency is different from visa status - get advice
  • Get private health insurance if earning $90K+ to avoid surcharge
  • Superannuation is additional to salary - great long-term benefit
  • Working holiday makers pay special 15% rate on first $45K

Have questions about taxes in Australia?