Tax Policy · Australia 2024–25 Stage 3 Cuts
Tax Cut Calculator
Find out exactly how much you save from Australia's Stage 3 tax cuts — the biggest bracket shake-up in years. Compare old vs new rates side by side.
Your Income
New Brackets (2025–26)
$0 – $18,200
0%
$18,201 – $45,000
16% ▼ from 19%
$45,001 – $135,000
30% ▼ from 32.5%
$135,001 – $190,000
37%
$190,001+
45%
Resident tax-free threshold: $18,200. Medicare levy (+2%) not shown.
⚡ Your annual tax cut
You save —
Enter your income to see your saving
Per fortnight
—
extra take-home
Per month
—
extra take-home
Tax reduction
—
less tax paid
Effective rate
—
was — old rate
Tax Comparison
Tax under old rates (2023-24)
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Tax under new rates (2025-26)
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Annual saving
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Tax at Different Income Levels
Old rates (2023-24)
New rates (2025-26)
Old Brackets — 2023-24
$0 – $18,200
0%
$18,201 – $45,000
19%
$45,001 – $120,000
32.5%
$120,001 – $180,000
37%
$180,001+
45%
New Brackets — 2025-26
$0 – $18,200
0%
$18,201 – $45,000
16%
$45,001 – $135,000
30%
$135,001 – $190,000
37%
$190,001+
45%
Effective Tax Rate Comparison
Effective rate — old (2023-24)
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Effective rate — new (2025-26)
—
You keep more of every dollar
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Income Percentile
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Lower earnersHigher earners
What Your Tax Cut Buys
Adjust income to see equivalents.
Note: Calculations show income tax only (not Medicare levy, LITO, or other offsets) to isolate the Stage 3 bracket change. Actual take-home depends on your personal circumstances. Non-residents do not have a tax-free threshold. Not tax advice — consult a registered tax agent.