Individual Income Tax Rates - Australian Resident 2013-2014

Tax rates 2013-14

The following rates for 2013-14 apply from 1 July 2013.

Taxable income	Tax on this income
0 – $18,200	Nil
$18,201 – $37,000	19c for each $1 over $18,200
$37,001 – $80,000	$3,572 plus 32.5c for each $1 over $37,000
$80,001 – $180,000	$17,547 plus 37c for each $1 over $80,000
$180,001 and over	$54,547 plus 45c for each $1 over $180,000

The above rates do not include the Medicare levy of 1.5% (refer to Guide to Medicare levy for more information).

How much your employer should pay

If you’re eligible for super guarantee contributions, at least every three months your employer must pay into your super account a minimum of 9.25% of your ordinary time earnings, up to the ‘maximum contribution base’. (Note: prior to 1 July 2013 the rate was 9%.) These contributions are in addition to your salary or wages.

Concessional (before-tax) contributions

Concessional contributions are sometimes called ‘before-tax contributions' because the contributor can usually claim an income tax deduction. They include:

• compulsory super guarantee contributions made by your employer
• salary sacrifice contributions
• any personal contributions you notify your fund you intend to claim as an income tax deduction.

Concessional contributions are taxed 15% in the super fund.

For 2013-14 and later years, if you exceed your concessional contributions cap the excess contributions are included in your taxable income. You will receive a non-refundable tax offset equal to the 15% tax paid by your fund on this amount.

Non-concessional (after-tax) contributions

Non-concessional contributions are generally the after-tax contributions you make to a super fund. They include personal contributions you make from your after-tax pay. They aren’t usually taxed in the super fund, but if you exceed your non-concessional contributions cap a tax of 46.5% (47% from 2014-15) applies to the excess.

Your contributions caps

	Concessional (general cap)	Non-concessional cap
2013-14*	$25,000**	$150,000
2014-15*	$30,000**	$180,000
Tax on amounts over the cap	Included in your income tax return and taxed at your marginal rates.	46.5%***