Australia
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Tax authority: Australian Taxation Office (ATO). Income year runs 1 July to 30 June (2026-27 now).
Main taxes
Income tax
2026-27 resident rates: nil to $18,200, then 15%, 30%, 37% and 45% above $190,000.
Medicare levy
2% of taxable income on top of income tax, with reductions for low incomes. The Medicare levy surcharge is separate.
GST and super
GST is 10% on most goods and services; register at $75,000 turnover. Employers pay 12% superannuation guarantee on top of wages.
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Rates as of 2026-11-03 · Source: European Central Bank reference rates. Indicative rates for reference only, not for transactions. Converter →