2020 Individual Income Tax Rates

Australian resident individual income tax rates for 2020 have not changed from 2019 rates and the Medicare Levy rate remains at 2%.  Consequently, for resident individuals, this means if you don’t have private health insurance you could pay a further 3.5% tax on your income.  Foreign resident individual tax rates for 2020 have not changed from 2019 rates.  For further details click on Medicare calculator   Comprehensive tax calculator   Simple tax calculator   Individual tax rates