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Australian Tax Time

FY 2026-27

Tax time runs 1 July to 31 October. Here's what changed this financial year, the current ATO rates, and free calculators to get your numbers sorted before you lodge.

Income Tax Brackets FY 2026-27
BandTaxable incomeRate
Tax-free threshold$0 – $18,2000%
Bracket 2$18,201 – $45,00015%
Bracket 3$45,001 – $135,00030%
Bracket 4$135,001 – $190,00037%
Bracket 5Over $190,00045%

These are the further tax cuts that took effect 1 July 2026, cutting the second bracket rate from 16% to 15%. Rates exclude the Medicare levy.

Quick Tax Facts FY 2026-27
Tax-Free Threshold$18,200
Medicare Levy2%
Super Guarantee Rate12%
HECS-HELP Repayment Rate10% flat
Top Marginal Rate45%
Lodgement Deadline (self)31 October

ATO-Aligned Calculations

All calculators on this page use official ATO rates and thresholds for the FY 2026-27 financial year (1 July 2026 to 30 June 2027). Results are indicative and should not be considered tax advice — for complex situations, consult a registered tax agent.