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Australia Income Tax Calculator 2020-2021

Calculate estimates for FY 2021 including Medicare Levy & Surcharge.

👤 Personal Details

🏥 Medicare

💰 Income & Deductions

📊 Tax Summary

Total Tax Payable

$0.00

Includes Medicare Levy & MLS

Taxable Income $0.00
Income Tax $0.00
Medicare Levy $0.00
Medicare Levy Surcharge $0.00
Effective Tax Rate 0%
Net Income $0.00

2020–2021 Tax Rates

Resident Rates

Taxable Income Rate
$0 – $18,200 Nil
$18,201 – $45,000 19%
$45,001 – $120,000 32.5%
$120,001 – $180,000 37%
$180,001+ 45%

Non-Resident Rates

Taxable Income Rate
$0 – $120,000 32.5%
$120,001 – $180,000 37%
$180,001+ 45%
Notes & Updates
  • Personal Income Tax Plan: Stage 2 tax cuts were brought forward to FY 2021. The 19% bracket ceiling increased from $37k to $45k, and the 32.5% bracket grew to $120k.
  • Medicare Levy: 2% of taxable income. Low income thresholds apply ($22,801 singles, $36,056 seniors).

Disclaimer: This calculator provides estimates based on 2020-2021 Australian tax rates (ATO). It is a simplified tool and does not include tax offsets (like LITO/LMITO) or complex deductions.