Income Tax Calculators.
Tax and Finance Calculators

2017 Tax Tables

✔ 2017 Tax Rates, Thresholds and Allowance for Individuals, Companies, Trusts and Small Business Corporations (SBC) in Australia

You are viewing the income tax rates, thresholds and allowances for the 2017 Tax Year in Australia. If you are looking for an alternative tax year, please select one below.

2015 - 2016 Tax Tables 2016 - 2017 Tax Tables 2018 - 2019 Tax Tables 2019 - 2020 Tax Tables

The following tax rates, thresholds and allowances are valid for the 2016 - 2017 Tax Year in Australia which is known as the 2017 Tax Year. The Tax Year runs from 1 March 2016 - 28 February 2017

Rates for Individuals [Residents]

Australia 2017 Tax Tables for Individuals
Taxable Income (R)Percentage rate of tax due within the threshold
$0.00 - $18,200.000% of income within the threshold
$18,200.00 - $37,000.0019% of income within the threshold + $0.00
$37,000.00 - $87,000.0033% of income within the threshold + $3,572.00
$87,000.00 - $180,000.0037% of income within the threshold + $19,822.00
$180,000.00 - $0.0045% of income within the threshold + $54,232.00
Australia 2017 Tax Tables allowances for Children
$1,786.00Allowance for First Child
$1,410.00Allowance for second and additional children

Medicare

Australia 2017 Medicare Contributions tables
$2.00Medicare contribution rate

Low Income Support

Australia 2017 Tax Tables for Low Income Tax Credit Rates
$37,000.00Low income threshold
$445.00Low income amount
$1.50Low income reducing percentag
$66,667.00Low income cutoff

HECS-HELP

Australia 2017 HELPS-HELP Tax Tables
Taxable Income (R)Percentage rate of tax due within the threshold
$0.00 - $53,345.004% of income within the threshold
$53,345.00 - $59,422.004.5% of income within the threshold + $0.00
$59,422.00 - $65,498.005% of income within the threshold + $3,572.00
$65,498.00 - $68,940.005.5% of income within the threshold + $19,822.00
$68,940.00 - $74,106.006% of income within the threshold + $54,232.00
$74,106.00 - $80,258.006.5% of income within the threshold + $0.00
$80,258.00 - $84,482.007% of income within the threshold + $0.00
$84,482.00 - $92,971.007.5% of income within the threshold + $0.00
$92,971.00 - $99,070.008% of income within the threshold + $0.00

Superannuation

Australia 2017 Superannuation Rates and Thresholds
$5,400.00Superannuation minimum threshold
9.5%Superannuation Rate

Income Tax Tables are used to calculated individual salaries, apply tax deductions and tax credits to produce a net take home pay (your income after deductions). Below is an example salary after tax deductions based on the 2016 - 2017 tax tables.

$ 260,300.00 Salary Income Tax Calculation and Salary Example

$260,300.00 Income Tax Calculations for 2017
Yearly%1Salary/Tax Component
$260,300.00100.00%Income
$260,300.00100.00%Taxable Income
$84,193.0032.34%Income Tax Due
$5,206.002.00%Medicare
$89,399.0034.34%Total Deductions
$170,901.0065.66%Net Pay

1 Percentage expressed in relation to Gross Income [$260,300.00].

If you have not encountered tax table information before or if you are unsure of how tax tables affect your income we recommend you read our guide: What are Tax Tables? Tax Tables explained.