The Personal Income Tax Rate in Australia stands at 45 percent. source: Australian Taxation Office
Personal Income Tax Rate in Australia averaged 45.44 percent from 2003 until 2020, reaching an all time high of 47 percent in 2004 and a record low of 45 percent in 2007. This page provides - Australia Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Personal Income Tax Rate - values, historical data and charts - was last updated on August of 2022.
Personal Income Tax Rate in Australia is expected to reach 45.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Personal Income Tax Rate is projected to trend around 45.00 percent in 2022, according to our econometric models.