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I
NCOME TAX

Australian residents are required to pay tax. The Australian Taxation Office (ATO) has clearly outlined tax rates: https://www.ato.gov.au/.

Current Resident Tax Rates 2018 – 2019

Taxable Income Tax on this Income
$0 – $18,200 Nil
$18,201 – $37,000 19c for each $1 over $18,200
$37,001 – $90,000 $3,572 plus 32.5c for each $1 over $37,000
$90,001 – $180,000 $20,797 plus 37c for each $1 over $90,000
$180,001 and over $54,097 plus 45c for every $1 over $180,000

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