TaxGlass

AU · Oceania · AUD

Australia

Tax rates

0102030405060World avg (corporate) 22.6%Wealth Tax 0%VAT 10%Corporate 30%Capital Gains · Crypto — 45%Income 47%

Estimate your income tax

Enter a gross annual salary to estimate 2025 national income tax for Australia using verified brackets — total tax, effective and marginal rate, net income, and the per-band breakdown. National income tax only; social contributions and sub-national taxes are excluded unless the notes say otherwise. The full calculator covers every country with verified rates.

The calculator needs JavaScript — every figure stays readable without it. The full bracket schedule is under Brackets & notes below, and the calculator page lists every country's schedule.

Brackets, notes & in practice

Income Tax

Thresholds in AUD
ThresholdRate
AUD 00%
AUD 18,20016%
AUD 45,00030%
AUD 135,00037%
AUD 190,00045%
Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01

Resident individual rates, 2025-26 income year (1 July 2025 – 30 June 2026, most recent complete Australian financial year). Excludes the Medicare levy (2%, published by the ATO as a separate levy, not part of the income tax rate schedule) and any Medicare levy surcharge. Top bracket (45%) + 2% Medicare levy reproduces the stored headline rate exactly (47%).

VAT

In practice

Filing

Businesses and enterprises must register for GST once GST turnover reaches AUD 75,000 (AUD 150,000 for non-profit organisations), applying within 21 days of meeting the threshold.

Source: Australian Taxation Office — Registering for GST · as of 2025-05-23
Exemptions

Food (with some exceptions), exports, and most health, medical and educational supplies are 'GST-free' — the GST equivalent of zero-rated, so the registered supplier can still recover input tax credits. Residential rents, later supplies of residential premises, and most financial supplies are 'input-taxed' instead: not subject to GST, but with no input tax credit recovery for the supplier, except a partial 75% credit for some financial suppliers.

Source: PWC Worldwide Tax Summaries — Australia (Corporate, Other taxes) · as of 2026-06-30

Capital Gains Tax

Capital gains are included in assessable income and taxed at Australia's ordinary marginal rates, up to a top rate of 45% for income over AUD 190,000 (plus a 2% Medicare levy not included in that figure). For assets held at least 12 months, a 50% discount excludes half the nominal gain from taxable income, so the effective burden on such gains runs well below the nominal 45% top rate.

In practice

Exemptions

A capital gains tax main residence exemption applies to the sale of an individual's home, though it does not apply to foreign residents except where the residence is sold following a health- or family-related 'life event' and the individual has been a non-resident for six years or less. Separately, a capital asset acquired on or after 21 September 1999 and held for at least 12 months qualifies for a discount that excludes 50% of the nominal gain from taxable income (60% for qualifying affordable-housing investments).

Source: PWC Worldwide Tax Summaries — Australia (Individual, Income determination) · as of 2026-06-30

Crypto Tax

Crypto assets held as an investment are capital gains tax (CGT) assets: disposing of, exchanging or swapping them is a CGT event, and — as with other CGT assets — an individual pays tax on their net capital gains for the year. The CGT discount may reduce a capital gain if the asset was held for at least 12 months before disposal.

In practice

Exemptions

A crypto asset held as an investment can never qualify for the personal-use-asset exemption from capital gains tax. A crypto asset held as an investment for at least 12 months before disposal may instead have its gain reduced under the CGT discount.

Source: Australian Taxation Office — How to work out and report CGT on crypto · as of 2026-06-22

Wealth Tax

No net wealth/worth tax levied in Australia.