Australian Tax

Australian Tax System

Within the Australian Tax System, there exist many different taxes that are required for both permanent and nonpermanent residents to pay.

GST: A goods and services tax aplied to all goods and services provided in Australia, this is usually included in the ticket price of an item or service.

Resident Tax Rates 2014 – 2015/2016/2017

Taxable income Tax on this income
$0 – $18,200 Nil
$18,201– $37,000 19c for each $1 over $18,200
$37,001 – $80,000 $3,572 plus 32.5c for each $1 over $37,000
$80,001 – $180,000 $17,547 plus 37c for each $1 over $80,000
$180,001 and over* $54,547 plus 45c for every $1 over $180,000

Non-Resident Tax Rates 2014 – 2015/2016/2017

Taxable income Tax on this income
$0 – $80,000 32.5c for each $1
$80,001 – $180,000 $26,000 plus 37c for each $1 over $80,000
$180,001 and over* $63,000 plus 45c for every $1 over $180,000