We produce a range of tax tables to help you work out how much to withhold from payments you make to your employees or other payees. AÂ tax withheld calculatorÂ that calculates the correct amount of tax to withhold is also available.
Tax tables with an asterisk (â*â) have downloadable look-up tables available in portable document format (PDF). To get a copy of the PDF, select the tax table you need and go to the heading âUsing this tableâ. The link to the PDF is in the âGet it doneâ section.
Tax tables for previous years are also available atÂ Tax rates and codes.
On this page:
- Important information – October 2020 updates
- Tax tables updated that apply from 13Â October 2020
- Tax tables that continue to apply from 13Â October 2020
Changes to personal income tax thresholds announced by the Government during the Federal Budget have been incorporated into the withholding schedules and tax tables and will apply to payments made on and from 13Â October 2020.
As the changes to withholding are made part way through the income year, employers and other payers who are unable to immediately implement these changes into their payroll will have until 16Â November 2020 to do so.
Employees and other payees will receive their entitlement to the reduced tax payable for the entire 2020â21 income year when they lodge their income tax return.
Changes to age limits for genuine redundancy and early retirement scheme payments
Legislation was passed in October 2019 that extended the concessional tax treatment of genuine redundancy and early retirement scheme payments. This was extended to people who had reached the age-based limit of 65Â years but not the age-pension age. The changes apply to payments received by employees who are dismissed or retire on or after 1Â July 2019.
This may impact withholding calculations for some employees when usingÂ ScheduleÂ 7 â Tax table for unused leave payments on termination of employmentÂ andÂ ScheduleÂ 11 â Tax table for employment termination payments.
Refer to further information before using these schedules:Â Genuine redundancy and early retirement scheme payments â alignment with the Age Pension age.
The following tax tables were updated and apply from 13Â October 2020.
Statement of formulas
|*Weekly tax table||NATÂ 1005|
|*Fortnightly tax table||NATÂ 1006|
|*Monthly tax table||NATÂ 1007|
|*Tax table for daily and casual workers||NATÂ 1024|
|*Weekly tax table with no and half Medicare levy||NATÂ 1008|
|*Fortnightly tax table with no and half Medicare levy||NATÂ 74228|
|*Medicare levy adjustment weekly tax table||NATÂ 1010|
|*Medicare levy adjustment fortnightly tax table||NATÂ 1011|
|*Medicare levy adjustment monthly tax table||NATÂ 1012|
|Tax table for superannuation lump sums||NATÂ 70981|
|Tax table for superannuation income streams||NATÂ 70982|
Payee or industry specific tax tables
Tax table for Joint Petroleum Development Area (NAT 7288)
This schedule no longer applies as a result of the Timor Sea Maritime Boundaries Treaty. This treaty redistributed the taxing rights between Australia and Timor-Leste, where the share of Timor-Leste’s taxing rights increased from 90% to 100% from 30 August 2019.
As the income is entirely foreign sourced income there are no withholding requirements in Australia. An Australian tax resident receiving this income will be entitled to a foreign income tax offset in their Australian tax return.
Â Types of payment specific tax tables
|Tax table for back payments, commissions, bonuses and similar payments||NATÂ 3348|
|Tax table for unused leave payments on termination of employment||NATÂ 3351|
|Tax table for employment termination payments||NATÂ 70980|
|Tax table for annuities||NATÂ 3350|
The following tax tables were not updated but continue to apply from 13Â October 2020.
Study and training support loans
|*Study and training support loans weekly tax table||NATÂ 2173|
|*Study and training support loans fortnightly tax table||NATÂ 2185|
|*Study and training support loans monthly tax table||NATÂ 2186|
Other tax tables
|Tax table for return to work payments||NATÂ 3347|
|*Tax table for payments made under voluntary agreements||NATÂ 3352|
|Tax table for additional amounts to withhold as a result of an agreement to increase withholding||NATÂ 5441|
Note:Â Go toÂ Seasonal Worker Programme and Pacific Labour SchemeÂ for withholding rates for individuals employed under those schemes.
Find out more:
- Key super rates and thresholdsÂ for ‘Super’ cap amounts, ‘Employment termination payments’ cap amounts, and ‘Genuine redundancy and early retirement scheme’ payment limits for the 2020â21 income year
- Tax withheld calculators
- Payments with special rules
- PAYG withholding for Community Development Employment Project
- PAYG payment summaries: forms and guidelines
- Single Touch Payroll
Last modified: 13 Oct 2020