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WARNING! THIS PAGE MAY NOT BE UP TO DATE
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As we no longer have the resources to keep it up to date, this website ceased to be a subscription website from March 2022
(last annual subscription accepted in December 2020)
You should not rely on it for the most up to date information. Having said that, we do update some of it from time to time.
You may still find some of it useful.
You may wish to use the atotaxrates.info website instead, which may be more up to date.
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Tax Rates for Trustees of Resident Trusts
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* Please click on maximise [+], not the titles, to display the contents of any hidden containers *
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Resident Adult Beneficiary presently entitled-under a legal disability-s98
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Trustee assessed
2020/2021 to 2023/2024
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Taxable income
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Tax on this income
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$0 – $18,200
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Nil
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$18,201 – $45,000
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19c for each $1 over $18,200
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$45,001 – $120,000
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$5,092 plus 32.5c for each $1 over $45,000
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$120,001 – $180,000
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$29,467 plus 37c for each $1 over $120,000
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Over $180,000
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$51,667 plus 45c for each $1 over $180,000
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2018/2019 & 2019/2020
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Taxable income ($)
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Calculate as
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$0 - $18,200
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Nil
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$18,201 - $37,000
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19% on the taxable income over $18,200
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$37,001 - $90,000
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$3,572 + 32.5% on the excess over $37,000
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$90,001 - $180,000
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$20,797 + 37% on the excess over $90,000
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$180,001 and above
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$54,097 + 45% on the excess over $180,000
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2017/2018
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Taxable income ($)
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Calculate as
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$0 - $18,200
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Nil
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$18,201 - $37,000
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19% on the taxable income over $18,200
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$37,001 - $87,000
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$3,572 + 32.5% on the excess over $37,000
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$87,001 - $180,000
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$19,822 + 37% on the excess over $87,000
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$180,001 and above
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$54,232 + 45% on the excess over $180,000
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2016/2017
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Taxable income ($)
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Calculate as
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$0 - $18,200
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Nil
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$18,201 - $37,000
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19% on the taxable income over $18,200
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$37,001 - $87,000
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$3,572 + 32.5% on the excess over $37,000
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$87,001 - $180,000
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$19,822 + 37% on the excess over $87,000
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$180,001 and above
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$54,232 + 47% on the excess over $180,000
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2014/2015, 2015/2016,
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Taxable income ($)
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Calculate as
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$0 - $18,200
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Nil
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$18,201 - $37,000
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19% on the taxable income over $18,200
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$37,001 - $80,000
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$3,572 + 32.5% on the excess over $37,000
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$80,001 - $180,000
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$17,547 + 37% on the excess over $80,000
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$180,001 and above
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$54,547 + 47% on the excess over $180,000
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2013/2014, 2012/2013
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Taxable income ($)
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Calculate as
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$0 - $18,200
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Nil
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$18,201 - $37,000
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19% on the taxable income over $18,200
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$37,001 - $80,000
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$3,572 + 32.5% on the excess over $37,000
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$80,001 - $180,000
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$17,547 + 37% on the excess over $80,000
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$180,001 and above
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$54,547 + 45% on the excess over $180,000
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2011/2012, 2010/2011
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Taxable income ($)
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Calculate as
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$0 - $6,000
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Nil
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$6,001 - $37,000
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15% on the taxable income over $6,000
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$37,001 - $80,000
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$4,650 + 30% on the excess over $37,000
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$80,001 - $180,000
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$17,550 + 37% on the excess over $80,000
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$180,001 and above
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$54,550 + 45% on the excess over $180,000
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2009/2010
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Taxable income ($)
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Calculate as
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$0 - $6,000
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Nil
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$6,001 - $35,000
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15% on the taxable income over $6,000
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$35,001 - $80,000
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$4,350 + 30% on the excess over $35,000
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$80,001 - $180,000
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$17,850 + 38% on the excess over $80,000
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$180,001 and above
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$55,850 + 45% on the excess over $180,000
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2008/2009
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Taxable income ($)
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Calculate as
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$0 - $6,000
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Nil
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$6,001 - $34,000
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15% on the taxable income over $6,000
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$34,001 - $80,000
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$4,200 + 30% on the excess over $34,000
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$80,001 - $180,000
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$18,000 + 40% on the excess over $80,000
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$180,001 and above
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$58,000 + 45% on the excess over $180,000
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2007/2008
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Taxable income ($)
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Calculate as
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$0 - $6,000
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Nil
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$6,001 - $30,000
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15% on the taxable income over $6,000
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$30,001 - $75,000
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$3,600 + 30% on the excess over $30,000
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$75,001 - $150,000
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$17,100 + 40% on the excess over $75,000
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$150,001 and above
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$47,100 + 45% on the excess over $150,000
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Non-Resident Adult Beneficiary presently entitled - s98(3)
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Trustee Assessed
2020/2021 to 2023/2024
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Taxable income ($)
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Calculate as
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$0 - $120,000
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32.5% on each $1
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$120,001 - $180,000
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$39,000 + 37% on the excess over $120,000
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$180,001 and above
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$61,200 + 45% on the excess over $180,000
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2018/2019 & 2019/2020
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Taxable income ($)
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Calculate as
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$0 - $90,000
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32.5% on each $1
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$90,001 - $180,000
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$29,250 + 37% on the excess over $90,000
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$180,001 and above
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$62,550 + 45% on the excess over $180,000
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2017/2018
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Taxable income ($)
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Calculate as
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$0 - $87,000
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32.5% on each $1
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$87,001 - $180,000
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$28,275 + 37% on the excess over $87,000
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$180,001 and above
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$62,685 + 45% on the excess over $180,000
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2016/2017
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Taxable income ($)
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Calculate as
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$0 - $87,000
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32.5% on each $1
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$87,001 - $180,000
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$28,275 + 37% on the excess over $87,000
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$180,001 and above
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$62,685 + 47% on the excess over $180,000
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2014/2015, 2015/2016,
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Taxable income ($)
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Calculate as
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$0 - $80,000
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32.5% on each $1
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$80,001 - $180,000
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$26,000 + 37% on the excess over $80,000
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$180,001 and above
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$63,000 + 47% on the excess over $180,000
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2013/2014, 2012/2013
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Taxable income ($)
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Calculate as
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$0 - $80,000
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32.5% on each $1
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$80,001 - $180,000
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$26,000 + 37% on the excess over $80,000
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$180,001 and above
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$63,000 + 45% on the excess over $180,000
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2011/2012, 2010/2011
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Taxable income ($)
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Calculate as
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$0 - $37,000
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29% on each $1
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$37,001 - $80,000
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$10,730 + 30% on the excess over $37,000
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$80,001 - $180,000
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$23,630 + 37% on the excess over $80,000
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$180,001 and above
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$60,630 + 45% on the excess over $180,000
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2009/2010
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Taxable income ($)
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Calculate as
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$0 - $35,000
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29% on each $1
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$35,001 - $80,000
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$10,150 + 30% on the excess over $35,000
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$80,001 - $180,000
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$23,650 + 38% on the excess over $80,000
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$180,001 and above
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$61,650 + 45% on the excess over $180,000
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2008/2009
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Taxable income ($)
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Calculate as
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$0 - $34,000
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29% on each $1
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$34,001 - $80,000
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$9,860 + 30% on the excess over $34,000
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$80,001 - $180,000
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$23,660 + 40% on the excess over $80,000
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$180,001 and above
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$63,660 + 45% on the excess over $180,000
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2007/2008
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Taxable income ($)
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Calculate as
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$0 - $30,000
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29% on each $1
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$30,001 - $75,000
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$8,700 + 30% on the excess over $30,000
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$75,001 - $150,000
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$22,200 + 40% on the excess over $75,000
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$150,001 and above
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$52,200 + 45% on the excess over $150,000
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Beneficiary is a non-resident company or non-resident trustee
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Rates of tax on taxable income
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Tax Year
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Non-Resident Trustee
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Non-Resident Company
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2021/2022
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45%
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30%
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2020/2021
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45%
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30%
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2019/2020
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45%
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30%
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2018/2019
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45%
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30%
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2017/2018
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45%
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30%
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2016/2017
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47%
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30%
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2015/2016
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47%
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30%
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2014/2015
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47%
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30%
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2013/2014
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45%
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30%
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2012/2013
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45%
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30%
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2011/2012
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45%
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30%
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2010/2011
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45%
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30%
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2009/2010
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45%
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30%
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2008/2009
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45%
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30%
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2007/2008
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45%
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30%
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2006/2007
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45%
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30%
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Medicare levy does not apply.
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No beneficiary presently entitled - if trustee assessed under s99
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Deceased Estate trustee assessed under s99 - 4th tax return onwards
2020/2021 and 2021/2022
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Taxable income
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Tax payable
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$0 - $416
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Nil
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$417 - $670
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50% on the excess over $416
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$671 - $45,000
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$127.30 +19% on the excess over $670
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$45,001 - $120,000
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$8,550 + 32.5% on the excess over $45,000
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$120,001 - $180,000
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$32,925 + 37% on the excess over $120,000
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$180,001 and above
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$55,125 + 45% on the excess over $180,000
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2018/2019 & 2019/2020
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Taxable income
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Tax payable
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$0 - $416
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Nil
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$417 - $670
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50% on the excess over $416
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$671 - $37,000
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$127.30 +19% on the excess over $670
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$37,001 - $90,000
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$7,030 + 32.5% on the excess over $37,000
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$90,001 - $180,000
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$24,255 + 37% on the excess over $90,000
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$180,001 and above
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$57,555 + 45% on the excess over $180,000
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2017/2018
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Taxable income
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Tax payable
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$0 - $416
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Nil
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$417 - $670
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50% on the excess over $416
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$671 - $37,000
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$127.30 +19% on the excess over $670
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$37,001 - $87,000
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$7,030 + 32.5% on the excess over $37,000
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$87,001 - $180,000
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$23,280 + 37% on the excess over $87,000
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$180,001 and above
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$57,690 + 45% on the excess over $180,000
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2016/2017
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Taxable income
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Tax payable
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$0 - $416
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Nil
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$417 - $670
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50% on the excess over $416
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$671 - $37,000
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$127.30 +19% on the excess over $670
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$37,001 - $87,000
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$7,030 + 32.5% on the excess over $37,000
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$87,001 - $180,000
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$23,280 + 37% on the excess over $87,000
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$180,001 and above
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$57,690 + 47% on the excess over $180,000
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2014/2015, 2015/2016,
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Taxable income
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Tax payable
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$0 - $416
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Nil
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$417 - $670
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50% on the excess over $416
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$671 - $37,000
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$127.30 +19% on the excess over $670
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$37,001 - $80,000
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$7,030 + 32.5% on the excess over $37,000
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$80,001 - $180,000
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$21,005 + 37% on the excess over $80,000
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$180,001 and above
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$58,005 + 47% on the excess over $180,000
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2013/2014, 2012/2013
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Taxable income
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Tax payable
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$0 - $416
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Nil
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$417 - $670
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50% on the excess over $416
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$671 - $37,000
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$127.30 +19% on the excess over $670
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$37,001 - $80,000
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$7,030 + 32.5% on the excess over $37,000
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$80,001 - $180,000
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$21,005 + 37% on the excess over $80,000
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$180,001 and above
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$58,005 + 45% on the excess over $180,000
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2011/2012, 2010/2011
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Taxable income
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Tax payable
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$0 - $416
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Nil
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$417 - $594
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50% on the excess over $416
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$595 - $37,000
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$89 +15% on the excess over $594
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$37,001 - $80,000
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$5,550 + 30% on the excess over $37,000
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$80,001 - $180,000
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$18,450 + 37% on the excess over $80,000
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$180,001 and above
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$55,450 + 45% on the excess over $180,000
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2009-2010
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Taxable income
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Tax payable
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$0 - $416
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Nil
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$417 - $594
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50% of the excess over $416
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$595 - $35,000
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$89 +15% on the excess over $594
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$35,001 - $80,000
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$5,250 + 30% on the excess over $35,000
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$80,001 - $180,000
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$18,750 + 38% on the excess over $80,000
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$180,001 and above
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$56,750 + 45% on the excess over $180,000
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2008-2009
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Taxable income ($)
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Tax payable
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$0 - $416
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Nil
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$417 - $594
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50% of the excess over $416
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$595 - $34,000
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$89 +15% on the excess over $594
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$34,001 - $80,000
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$5,100 + 30% on the excess over $34,000
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$80,001 - $180,000
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$18,900 + 40% on the excess over $80,000
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$180,001 and above
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$58,900 + 45% on the excess over $180,000
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2007-2008
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Taxable income ($)
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Tax payable
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$0 - $416
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Nil
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$417 - $594
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50% of the excess over $416
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$595 - $30,000
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$89 +15% on the excess over $594
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$30,001 - $75,000
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$4,500 + 30% on the excess over $30,000
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$75,001 - $150,000
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$18,000 + 40% on the excess over $75,000
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$150,001 and above
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$48,000 + 45% on the excess over $150,000
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2006-2007
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Taxable income ($)
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Tax payable
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$0 - $416
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Nil
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$417 - $594
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50% of the excess over $416
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$595 - $25,000
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$89 +15% on the excess over $594
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$25,001 - $75,000
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$3,750 + 30% on the excess over $25,000
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$75,001 - $150,000
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$18,750 + 40% on the excess over $75,000
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$150,001 and above
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$48,750 + 45% on the excess over $150,000
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No beneficiary presently entitled - if trustee assessed under s99A
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Rates of tax on taxable income
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Tax Year
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Non-Resident Trustee
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Non-Resident Company
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2021/2022
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45%
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30%
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2020/2021
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45%
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30%
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2019/2020
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45%
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30%
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2018/2019
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45%
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30%
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2017/2018
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45%
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30%
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2016/2017
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47%
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30%
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2015/2016
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47%
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30%
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2014/2015
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47%
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30%
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2013/2014
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45%
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30%
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2012/2013
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45%
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30%
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2011/2012
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45%
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30%
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2010/2011
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45%
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30%
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2009/2010
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45%
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30%
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2008/2009
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45%
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30%
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2007/2008
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45%
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30%
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2006/2007
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45%
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30%
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Medicare levy does not apply.
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Links to expert information on Tax Rates for Trustees
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This page was last edited on 24 September 2021
Fdbco.au - An Online Quick Reference Library for Tax Agents and Financial Planners
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