The 2025–26 and 2026–27 numbers behind your tax: brackets, Medicare levy, LITO, HELP, super caps and CGT.
This section collects the rules and numbers that decide how much personal tax you pay in Australia. Start with the income tax rates guide, which shows the resident brackets for the 2025–26 year (the return most people are lodging now) and for 2026–27 (the year your pay is being taxed in now), including the cut of the lowest rate from 16% to 15% on 1 July 2026 and to 14% from 1 July 2027.
The other guides cover the pieces that sit on top of the brackets: the Medicare levy and Medicare levy surcharge, the low income tax offset, HELP and other study loan repayments under the marginal system that began in 2025–26, the super contribution caps (including the higher caps from 1 July 2026), Division 293 for high earners and the 50% CGT discount.
Thresholds are indexed or changed by legislation often. Each guide states which income year a figure belongs to and names the official page to check. Nothing here is personal tax advice: if your situation involves several income types, a business, a trust or residency questions, a registered tax agent can apply the rules to your facts.
Rates, Thresholds and Caps
How capital gains tax works for Australian individuals: the 50% discount after 12 months, cost base, losses applied first, exemptions and the rules for foreign residents.
Rates, Thresholds and Caps
How the extra 15% Division 293 tax on super contributions works above $250,000 of income, a worked example, how to pay it, and the status of the separate Division 296 tax.
Rates, Thresholds and Caps
How compulsory HELP and other study loan repayments work since the 2025 reform: the $69,528 threshold for 2026–27, marginal bands, repayment income, indexation and the 20% debt cut.
Rates, Thresholds and Caps
Resident tax brackets for 2025–26 and 2026–27, the cut from 16% to 15% and then 14%, how marginal rates work and what sits on top of the brackets.
Rates, Thresholds and Caps
How the low income tax offset of up to $700 is calculated, the phase-out between $37,500 and $66,667, why it is non-refundable and how it lifts the effective tax-free threshold.
Rates, Thresholds and Caps
The 2% Medicare levy, the low-income reduction, exemptions, and how the separate Medicare levy surcharge of 1% to 1.5% works for higher earners without hospital cover.
Rates, Thresholds and Caps
The concessional cap rises to $32,500 and the non-concessional cap to $130,000 from 1 July 2026. How each cap works, bring-forward thresholds and what counts toward them.
