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Australian Tax Brackets 2026-27

The resident individual income tax scale for the 2026-27 financial year, current as of 1 July 2026. These are marginal rates: each band applies only to the slice of income inside it, not your whole income.

2026-27 resident tax scale

Taxable incomeTax on this income
$0 - $18,200Nil
$18,201 - $45,000$0 plus 15c per $1 over $18,200
$45,001 - $135,000$4,020 plus 30c per $1 over $45,000
$135,001 - $190,000$31,020 plus 37c per $1 over $135,000
$190,001 and over$51,370 plus 45c per $1 over $190,000

Verified 21 September 2026 against the ATO's own tax rates for Australian residents page. Several other calculators currently publish last year's 16c second-bracket rate as current for 2026-27 - check the "last updated" date on any source before trusting it.

What changed from 2025-26

The second bracket - $18,200 to $45,000 - drops from 16c to 15c per dollar from 1 July 2026, legislated under the Treasury Laws Amendment (Cost of Living Tax Cuts) Act 2024. Every other bracket edge and every rate above it is unchanged. At exactly $45,000 of taxable income, tax before LITO falls from $4,288 (2025-26) to $4,020 (2026-27) - a $268 saving that carries through to every higher income as well, since the brackets above it start from that lower base.

Medicare levy and LITO

Most residents pay a further 2% Medicare levy on top of the brackets above, on their full taxable income (with a reduction or exemption for low incomes). Separately, the Low Income Tax Offset reduces the tax bill by up to $700 for anyone with taxable income up to $37,500, phasing out to nil at $66,667. Neither is a bracket - both apply after the table above, which is exactly what the calculators below do automatically.

Questions about the brackets

What are the Australian tax brackets for 2026-27?

For 2026-27, Australian resident individuals pay nil tax up to $18,200, then 15c per dollar to $45,000, 30c per dollar to $135,000, 37c per dollar to $190,000, and 45c per dollar above that. These are marginal rates - only the income inside each band is taxed at that band's rate, and the Medicare levy is separate.

Did the tax brackets change for 2026-27?

Yes. The second bracket dropped from 16c to 15c per dollar from 1 July 2026, under the Treasury Laws Amendment (Cost of Living Tax Cuts) Act 2024. Every other bracket edge and rate is unchanged from 2025-26. The cut is worth up to $268 a year to anyone earning above $45,000.

Is the tax-free threshold the same for everyone?

The $18,200 tax-free threshold applies to Australian resident individuals who claim it from one employer via their TFN declaration. It has not changed in either the 2025-26 or 2026-27 year. Foreign and working-holiday-maker rates are different and are not modelled by this page.

Do these brackets include the Medicare levy?

No. The brackets above are income tax only. Most residents also pay a Medicare levy of 2% of taxable income on top, with a reduction or exemption for low incomes. Use the sole trader or PAYG calculator to see income tax and the Medicare levy combined for a specific income.

What is the Low Income Tax Offset (LITO)?

LITO is a separate, non-refundable offset that reduces tax payable after it is calculated from the brackets above - it is not a bracket itself. It is worth up to $700 for taxable income up to $37,500, reduces 5c per dollar to $45,000, then 1.5c per dollar until it reaches nil at $66,667. Every AusCalc calculator that outputs a tax figure already applies it automatically.

See the brackets applied to a real income

R.

Written by Rob, founder of AusCalc

Australian small business owner. Checked against current ATO published rates. Updated September 2026. About AusCalc

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