Top income tax
45.0%
effective 47.0%
Corporate tax
30.0%
GST
10.0%
standard rate
Tax residency
183 days
45 tax treaties
Australia tax profile
Data year: 2026
- Tax system
- Worldwide Worldwide income taxation for residents. Non-residents taxed on Australian-sourced income only with no tax-free threshold.
- Top PIT rate
- 45.0% (eff. 47.0%)
- Corporate tax rate
- 30.0%
- GST
- 10.0%
- Capital gains tax
- 22.5% Capital gains included in taxable income. 50% CGT discount for assets held 12+ months by individuals (effective max rate ~22.5%). Companies do not receive discount. Non-residents excluded from CGT discount since 2012.
- Social security (employee)
- 0.0%
- Social security (employer)
- 11.5%
- Dividend withholding
- 0.0%
- Interest withholding
- 10.0%
- Royalty withholding
- 30.0%
- Treaty count
- 45
Income tax brackets
Personal income
| Bracket min | Bracket max | Rate |
|---|---|---|
| AUD 0 | AUD 18,200 | 0.0% |
| AUD 18,200 | AUD 45,000 | 16.0% |
| AUD 45,000 | AUD 135,000 | 30.0% |
| AUD 135,000 | AUD 190,000 | 37.0% |
| AUD 190,000 | and above | 45.0% |
Tax flags
Crypto Rules
Tax residency
- Days threshold
- 183 days
- Residency rules
- Resident if domiciled in Australia (unless permanent place of abode outside), or present for more than half the income year (183 days) unless usual place of abode is outside Australia and no intention to reside, or member of a Commonwealth superannuation scheme.
- Exit tax
- Yes Deemed disposal of assets at market value upon ceasing to be an Australian resident. CGT event I1 applies.
- CFC rules
- Yes CFC rules apply to Australian shareholders with 10%+ interest in foreign companies in designated countries.
Filing information
- Fiscal year
- 07-01 – 06-30
- Filing deadline
- October 31
- Auto extension
- Available
Sources
- ATO Australia (accessed Mar 23, 2026) Official tax rates and brackets
- ATO resident tax rates 2025-26 (accessed May 3, 2026)
- PwC Worldwide Tax Summaries - Australia (accessed Mar 23, 2026) PIT, CIT, GST, withholding rates