Tax Guide
📊3 sections8 claimable items

Key ATO Thresholds

FY2025-26 numbers you should know

Section 1 of 3

Income Tax Thresholds

The brackets that determine how much tax you pay

Tax-Free Threshold

The first $18,200 you earn is tax-free.

💡Example

Earn $60,000? You only pay tax on $41,800 (the amount above $18,200).

Tax Brackets (FY2025-26)

$0-$18,200: 0% | $18,201-$45,000: 16% | $45,001-$135,000: 30% | $135,001-$190,000: 37% | $190,001+: 45%

💡Example

Earn $90,000? Your tax is: $0 + $4,288 + $13,500 = $17,788 (before Medicare).

📎 ATO reference

Section 2 of 3

Medicare Levy

2% on top of income tax — with some exemptions

Medicare Levy (2%)

Most taxpayers pay 2% of taxable income for Medicare.

💡Example

Earn $80,000 — Medicare levy is $1,600.

Medicare Levy Surcharge

Extra 1-1.5% if you earn over $101,000 (single) and don't have private hospital cover.

💡Example

Earn $110,000 with no private health? Extra $1,100 surcharge (1% of income). Private health may be cheaper.

⚠️Thresholds: $101,000 (1%), $118,000 (1.25%), $158,000 (1.5%) for singles

Low-Income Reduction

If you earn under $28,011 (single), you pay reduced or no Medicare levy.

💡Example

Earn $30,000? Your Medicare levy phases in (it's reduced). Earn $28,011 or under? No levy at all.

⚠️Different thresholds for families and seniors
📎 ATO reference

Section 3 of 3

Superannuation

Contribution caps and guarantee rate

Super Guarantee Rate

Your employer must pay 12% of your ordinary earnings into super.

💡Example

Salary is $80,000 — your employer pays $9,600 into your super on top.

⚠️12% for FY2025-26

Concessional Contributions Cap

The maximum pre-tax super contributions (employer + salary sacrifice + personal deductible) per year.

💡Example

Employer puts in $9,600, you salary sacrifice $10,000 = $19,600 total. Still under the $30,000 cap.

⚠️$30,000 per year — excess taxed at your marginal rate

Non-Concessional Cap

After-tax contributions you put into super (already taxed money).

💡Example

Want to boost your super with savings? You can add up to $120,000/year after tax.

⚠️$120,000 per year (or $360,000 using the bring-forward rule)
📎 ATO reference

Other Topics