Australian Income Tax Calculator
Calculate your income tax, Medicare levy, and take-home pay for 2025–26. Includes Stage 3 tax cut rates.
| Income Tax | — |
| Medicare Levy | — |
| Effective Tax Rate | — |
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Australian Income Tax Brackets 2025–26
The following tax rates apply to Australian residents for the 2024–25 and 2025–26 financial years, incorporating the Stage 3 tax cuts that took effect on 1 July 2024.
| Taxable Income | Tax Rate | Tax Payable |
|---|---|---|
| $0 – $18,200 | 0% | Nil |
| $18,201 – $45,000 | 16% | 16c per $1 over $18,200 |
| $45,001 – $135,000 | 30% | $4,288 + 30c per $1 over $45,000 |
| $135,001 – $190,000 | 37% | $31,288 + 37c per $1 over $135,000 |
| $190,001+ | 45% | $51,638 + 45c per $1 over $190,000 |
Medicare Levy
Most Australian taxpayers also pay a 2% Medicare levy on their taxable income. Low-income earners below the Medicare levy threshold may be exempt or pay a reduced rate. The Medicare levy surcharge (an additional 1–1.5%) may apply to higher earners without private health cover.
What Changed with Stage 3 Tax Cuts?
From 1 July 2024, every Australian taxpayer received a tax cut. The key changes were: the 19% rate dropped to 16%, the 32.5% rate dropped to 30%, the 37% threshold increased from $120,000 to $135,000, and the 45% threshold increased from $180,000 to $190,000. This means someone earning $100,000 saves approximately $2,179 per year compared to the old rates.