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Tax Rates & Thresholds – 2026–27

Resident tax rates

Taxable income from ($)
Taxable income to ($) – 0 = no upper limit
Rate (%)
Base tax on lower threshold ($)
0
18200
0
0
18201
45000
15
0
45001
135000
30
4020
135001
190000
37
31020
190001
0
45
51370

Foreign resident tax rates

The ATO has not yet published a 2026–27 foreign resident rate table (its foreign resident rates page currently publishes to 2025–26). The table appears here as soon as the figures are published and entered.

Medicare levy surcharge income thresholds and rates

Household type
Base tier – income up to ($)
Tier 1 – income up to ($)
Tier 2 – income up to ($)
Tier 1 rate (%)
Tier 2 rate (%)
Tier 3 rate (%)
Single
105000
123000
164000
1
1.25
1.5
Family
210000
246000
328000
1
1.25
1.5

Medicare levy

Medicare levy rate (%)
2
MLS family threshold increase per dependent child after the first ($)
1500

Superannuation

Super guarantee rate (%)
12
Maximum super contribution base, annual ($)
270830
Concessional contributions cap ($)
32500
Non-concessional contributions cap ($)
130000

Company, Division 7A and other rates

Division 7A benchmark interest rate (%)
8.77
Cents per kilometre rate (cents)
91
Company tax rate – base rate entity (%)
25 — base rate entity: aggregated turnover under $50 million and no more than 80% passive income
Company tax rate – standard (%)
30
Instant asset write-off threshold ($)
20000
Instant asset write-off – legislative status
Legislated — permanent from 1 July 2026

Per-figure ATO source references

Figure
Value entered
Source URL
Note
Income year
2026-27
https://www.ato.gov.au/tax-rates-and-codes/tax-rates-australian-residents
ATO page: Australian resident tax rates 2020 to 2027 (last updated 13 Aug 2026)
Resident tax brackets
0 / 15 / 30 / 37 / 45%
https://www.ato.gov.au/tax-rates-and-codes/tax-rates-australian-residents
Legislated by Treasury Laws Amendment (More Cost of Living Relief) Act 2025; the 16% rate reduced to 15% from 1 July 2026
Foreign resident brackets
NOT ENTERED - TODO
https://www.ato.gov.au/tax-rates-and-codes/tax-rates-foreign-residents
ATO page publishes foreign resident rates to 2025-26 only (last updated 1 Jun 2026); no 2026-27 table published
Medicare levy rate
2%
https://www.ato.gov.au/calculators-and-tools/tax-return-medicare-levy
ATO: for most taxpayers the Medicare levy is 2% of taxable income
MLS thresholds and rates
Single $105,000 / Family $210,000 base tier; 1% / 1.25% / 1.5%
https://www.ato.gov.au/individuals-and-families/medicare-and-private-health-insurance/medicare-levy-surcharge/medicare-levy-surcharge-income-thresholds-and-rates
ATO section: Income threshold and rates for 2026-27. Family threshold increased by $1,500 per MLS dependent child after the first
Super guarantee rate
12%
https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/super-guarantee
ATO Table 21: 1 July 2026 to 30 June 2027 = 12.00%
Maximum super contribution base
$270,830
https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/super-guarantee
Annual amount from 1 July 2026 under Payday Super
Concessional contributions cap
$32,500
https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/contributions-caps
From 1 July 2026, indexed to AWOTE (was $30,000)
Non-concessional contributions cap
$130,000
https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/contributions-caps
ATO contributions caps table, 2026-27 row
Division 7A benchmark interest rate
8.77%
https://www.ato.gov.au/tax-rates-and-codes/division-7a-benchmark-interest-rate
Income year ended 30 June 2027 = 8.77% (ATO row: RBA 'Indicator Lending Rates - Bank variable housing loans interest rate' published 5 June 2026; ATO page last updated 1 July 2026). The same ATO table shows 2026 = 8.37% and 2025 = 8.77% - 8.77% appears twice, for two different income years, so check the income-year column before changing this figure. Do not 'correct' it to 8.37%.
Cents per kilometre rate
91 cents
https://www.ato.gov.au/individuals-and-families/income-deductions-offsets-and-records/deductions-you-can-claim/work-related-deductions/cars-transport-and-travel/motor-vehicle-and-car-expenses/expenses-for-a-car-you-own-or-lease/cents-per-kilometre-method
ATO: for 2026-27 use 91 cents per kilometre (last updated 12 Aug 2026)
Company tax rates
Base rate entity 25% / standard 30%
https://www.ato.gov.au/tax-rates-and-codes/company-tax-rate-changes
ATO row: 2021-22 and future years = 25.0% base rate entity, 30.0% otherwise
Instant asset write-off threshold
$20,000 (legislated, permanent from 1 July 2026)
https://www.ato.gov.au/about-ato/new-legislation/in-detail/businesses/20000-dollars-instant-asset-write-off
Treasury Laws Amendment (Tax Reform No. 2) Act 2026, Royal Assent 26 Aug 2026; permanent from 1 July 2026 for small business with aggregated turnover under $10m, $20,000 per asset; ATO page states 'This measure is now law' (last updated 27 Aug 2026)