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Tax rates 2016–17
{caption}The following rates for 2016–17 apply from 1 July 2016.{/caption} 1 Taxable income 2 Tax on this income 3 0 – $18,200 Nil 4 $18,201 – $37,000 19c for each $1 over $18,200 5 $37,001 – $87,000 $3,572 plus 32.5c for each $1 over $37,000 6 $87,001 – $180,000 $19,822 plus 37c for each $1 over $87,000 7 $180,001 and over $54,232 plus 45c for each $1 over $180,000