Thresholds & Tax Rates

Australian Residents Tax Rates 2025-26

Taxable income	Tax on income
0-$18,200	Nil
$18,200 – $45,000	16c for each $1 over $18,200
$45,001 – $135,000	$4,288 plus 30c for each $1 over $45,000
$135,001 – $190,000	$31,288 plus 37c for each $1 over $135,000
$190,001 and over	$51,638 plus 45c for each $1 over $190,000
Compulsory superannuation rate: 12%

Non-Residents Tax Rates 2025-26

Taxable income	Tax on income
$0 – $135,000	30c for each $1
$135,001 – $190,000	$40,500 plus 37c for each $1 over $135,000
$190,001 and over	$60,850 plus 45c for each $1 over $190,000
Compulsory superannuation rate: 12%

Concessional Contributions Caps

Income Year	Your Concessional Contributions Caps
2025-26	$30,000
2024-25	$30,000
2023-24	$27,500
2022-23	$27,500

Non-Concessional Contributions Caps

Income Year	Amount of Cap
2025-26	$120,000
2024-25	$120,000
2023-24	$110,000
2022-23	$110,000

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