For those considering moving to Australia
There are often a number of factors to consider when contemplating a new domicile. Taxes may be one of them. We can provide you with an overview of the most basic personal taxation rules in Australia.
45
Marginal tax rate
6
Tax immigration rule
0
Wealth tax
Overview of personal taxation in Australia – updated per 2025
What is required to establish tax residency in Australia?
Individuals who stay in Australia for more than half of a tax year are considered to have moved there and to be tax residents. The same applies to individuals who are permanently residing in Australia.
Which types of income are taxable in Australia?
Tax residents are taxed on their worldwide income in Australia, while non-resident taxpayers are taxed only on income sourced in Australia.
What tax rates apply in Australia?
Australia has a progressive tax system, with rates ranging from 16 to 45% (47% including the 2% Medicare levy).
Does Australia grant tax credit for foreign taxes?
Australia grants tax credit for taxes paid abroad, limited to the amount of tax that would be payable in Australia on the same income.
Is there wealth tax in Australia?
Australia does not levy wealth tax.
What is the tax year in Australia?
Australia has a tax year that differs from the calendar year. The tax year in Australia runs from 1 July to 30 June.
When must the tax return be filed in Australia?
The individual tax return in Australia must be filed by 31 October of the year following the tax year.
How many countries does Australia have tax treaties with?
Australia has tax treaties with approximately 40 countries, including Norway.
Is there property tax in Australia?
Australia has property tax in most states and territories.
Contact
Atle Melø
Partner
amelo@melo.no
+47 951 80 979
Our tax partner in Australia
Through our unique global partnership with Hall & Wilcox we are able to work together with local lawyers and advisers in questions regarding domestic tax rules and other legislation in Australia.
