INCOME TAX RATES 2025 Tax YEAR 

INCOME TAX RATES 2025 Tax YEAR

Author: Duncan Warnock CPA | March, 2025 



2025 Tax Year Resident income tax rates 

Taxable income 0 – $18,200 -  Income Tax Rate for this income range band is - 0% Nil

Taxable income $18,201 – $45,000 - Income Tax Rate for this income range band is - 18% including 2% Medicare Levy 

Taxable income $45,001 – $135,000 - Income Tax Rate for this income range band is - 32% including 2% Medicare Levy 

Taxable income $135,001 – $190,000 - Income Tax Rate for this income range band is - 39% including 2% Medicare Levy 

Taxable income $190,001 and over - Income Tax Rate for this income range band is - 47% including 2% Medicare Levy 

For further information or assistance contact Duncan Warnock CPA at Warnock Accounting today. 

Warnock Accounting looks after clients from all over Geelong, the Bellarine and the Surf Coast. 

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