The Personal Income Tax Rate in Australia stands at 45 percent. Personal Income Tax Rate in Australia averaged 45.36 percent from 2003 until 2024, reaching an all time high of 47.00 percent in 2004 and a record low of 45.00 percent in 2007. source: Australian Taxation Office

Personal Income Tax Rate in Australia is expected to reach 45.00 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Personal Income Tax Rate is projected to trend around 45.00 percent in 2025, according to our econometric models.




Related Last Previous Unit Reference
Corporate Tax Rate 30.00 30.00 percent Dec 2024
Personal Income Tax Rate 45.00 45.00 percent Dec 2024
Sales Tax Rate 10.00 10.00 percent Dec 2024
Social Security Rate 13.50 13.00 percent Dec 2024
Social Security Rate For Companies 11.50 11.00 percent Dec 2024
Social Security Rate For Employees 2.00 2.00 percent Dec 2024
Withholding Tax Rate 10.00 10.00 percent Dec 2024

Australia Personal Income Tax Rate
In Australia, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Australia.
Actual Previous Highest Lowest Dates Unit Frequency
45.00 45.00 47.00 45.00 2003 - 2024 percent Yearly