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Australian Income Tax Rates 2025-26 — ATO Tax Brackets & Calculator

Complete guide to Australian income tax brackets, marginal rates, Medicare Levy, Super Guarantee, and HECS-HELP thresholds for FY 2025-26.

These are the current confirmed ATO rates for the financial year ending 30 June 2026.

FY 2025-26 Income Tax Brackets — Australian Residents

Taxable IncomeMarginal Rate
$0 – $18,200Nil
$18,201 – $45,00019%
$45,001 – $120,00032.5%
$120,001 – $180,00037%
$180,001+45%

Excludes Medicare Levy (2%). Resident rates only. Foreign resident rates differ.

Key 2025-26 Tax Figures at a Glance

2%
Medicare Levy
12%
Super Guarantee
$700
Max LITO
$54,435
HECS Threshold

Key Changes for FY 2025-26

  • Tax brackets unchanged from FY 2024-25
  • Super Guarantee rate increased to 12% from 1 July 2025 (final legislated rate)
  • HECS-HELP repayment threshold indexed to $54,435
  • Medicare Levy remains 2% of taxable income
  • MLS thresholds indexed: singles threshold $93,000, family $186,000

Calculate Your 2025-26 Tax Refund or Debt

Enter your income, PAYG withheld, and deductions for an instant ATO-accurate estimate.

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Australian Tax 2025-26 — Frequently Asked Questions

What are the 2025-26 income tax rates?+

For FY 2025-26, Australian income tax rates are: 0% up to $18,200; 19% from $18,201 to $45,000; 32.5% from $45,001 to $120,000; 37% from $120,001 to $180,000; and 45% above $180,000. These rates are unchanged from FY 2024-25.

What is the Super Guarantee rate in 2025-26?+

The Super Guarantee rate reached its final legislated rate of 12% in FY 2025-26, effective from 1 July 2025. This is the last scheduled SG rate increase — employers must now contribute 12% of ordinary time earnings to eligible employees' superannuation funds.

What is the Medicare Levy Surcharge threshold for 2025-26?+

The Medicare Levy Surcharge applies to singles earning above $93,000 and families earning above $186,000 who do not hold eligible private hospital cover. Surcharge rates range from 1% to 1.5% on top of the standard 2% Medicare Levy.

What is the HECS-HELP repayment threshold for 2025-26?+

The HECS-HELP repayment income threshold for FY 2025-26 is $54,435. Mandatory repayments start at 1% of repayment income above this threshold and rise progressively. The threshold is indexed to wages each year by the ATO.

When is the 2025-26 tax return due?+

FY 2025-26 tax returns cover income earned from 1 July 2025 to 30 June 2026. Lodgement opens from 1 July 2026. The self-lodgement deadline is 31 October 2026. Tax agent clients may have until May 2027 depending on their agent's lodgement program.

Australian Tax Rates — Other Years

Tax rates are based on ATO published information. This page provides general information only and does not constitute tax advice. Consult a registered tax agent for advice specific to your circumstances.