Australian Tax Brackets 2025-26

The 2025-26 income tax rates for Australian residents are unchanged from 2024-25. The Stage 3 tax cuts that took effect on 1 July 2024 continue to apply.

Quick answer

How much tax on $100,000? Estimated income tax is $20,788 plus $2,000 Medicare levy for 2025-26.

After-tax pay: Approximate annual take-home is $77,212 before other adjustments.

With HELP: Repayment amounts depend on HELP thresholds and are calculated separately.

2025-26 Resident Tax Brackets

Income Range Tax Rate Tax on This Bracket
$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

The above rates do not include the 2% Medicare levy. These rates apply to Australian residents for tax purposes.

Tax-Free Threshold

The tax-free threshold remains at $18,200 for Australian residents. Income up to this amount is not subject to income tax. If you earn above $18,200, only the income above the threshold is taxed at progressive rates.

Non-residents do not receive the tax-free threshold and are taxed from the first dollar earned in Australia.

Example Tax Calculations

Here's how much tax you'd pay at five common income levels:

Income Income Tax Medicare (2%) Total Tax Take-Home Effective Rate
$50,000 $5,788 $1,000 $6,788 $43,212 13.6%
$80,000 $14,788 $1,600 $16,388 $63,612 20.5%
$100,000 $20,788 $2,000 $22,788 $77,212 22.8%
$150,000 $36,838 $3,000 $39,838 $110,162 26.6%
$200,000 $56,138 $4,000 $60,138 $139,862 30.1%

Medicare Levy

In addition to income tax, Australian residents pay a 2% Medicare levy on their taxable income. This funds the public healthcare system (Medicare).

Low-income earners may qualify for a reduction or exemption. The Medicare levy reduction threshold for singles is $26,000 for 2025-26. Families have a higher threshold based on the number of dependents.

The Medicare Levy Surcharge (MLS) of 1%–1.5% may also apply if you earn over $101,000 (singles) and don't hold private hospital cover. See our Medicare Levy & MLS Calculator.

Stage 3 Tax Cuts

The revised Stage 3 tax cuts took effect on 1 July 2024 and continue for 2025-26. Key changes from the previous rates:

Change Before (2023-24) After (2024-25 onwards)
Second bracket rate 19% 16%
Third bracket rate 32.5% 30%
37% bracket starts at $120,001 $135,001
45% bracket starts at $180,001 $190,001

Frequently Asked Questions

What are the Australian tax brackets for 2025-26?

For the 2025-26 financial year, Australian residents pay 0% on income up to $18,200, 16% on $18,201–$45,000, 30% on $45,001–$135,000, 37% on $135,001–$190,000, and 45% on income over $190,000. A 2% Medicare levy also applies.

What is the tax-free threshold in Australia?

The tax-free threshold is $18,200. Australian residents earning below this amount pay no income tax. If you earn above $18,200, only the income above this threshold is taxed — the first $18,200 remains tax-free.

Did tax brackets change for 2025-26?

No. The 2025-26 tax brackets are unchanged from 2024-25. The Stage 3 tax cuts that took effect on 1 July 2024 remain in place: the 19% bracket was reduced to 16%, the 32.5% bracket was reduced to 30%, and the 37% bracket threshold was raised from $120,001 to $135,001.

How does the progressive tax system work?

Australia uses a progressive (marginal) tax system. Each bracket's rate applies only to the income within that bracket — not your entire income. For example, someone earning $100,000 pays 0% on the first $18,200, 16% on $18,201–$45,000, and 30% on $45,001–$100,000.

What is the Medicare levy?

The Medicare levy is 2% of your taxable income, payable by all Australian residents regardless of whether they use public healthcare. It is in addition to income tax. Low-income earners below the Medicare levy threshold may be exempt or pay a reduced rate.

What are the Stage 3 tax cuts?

The revised Stage 3 tax cuts took effect on 1 July 2024. Key changes include: the 19% rate reduced to 16%, the 32.5% rate reduced to 30%, and the 37% bracket threshold raised from $120,001 to $135,001. The 45% top rate and $190,000 threshold remain unchanged.

What is the top marginal tax rate in Australia?

The top marginal tax rate is 45%, applying to income over $190,000. Including the 2% Medicare levy, the effective top marginal rate is 47%. High-income earners may also face the Medicare Levy Surcharge (1%–1.5%) if they don't have private health insurance.

Do non-residents pay different tax rates?

Yes. Non-residents do not receive the tax-free threshold and are taxed at 30% from the first dollar up to $135,000, 37% on $135,001–$190,000, and 45% above $190,000. Non-residents do not pay the Medicare levy.

Calculate your tax

Use our Income Tax Calculator to see exactly how much tax you'll pay on your specific income. Or check the Pay Calculator for take-home pay with HELP debt and salary sacrifice.

Related tax references