How is personal income tax structured in Australia?
In Australia, income tax rates are progressive, meaning they increase with earnings. For residents, income is taxed between 0% and 45%, with the highest rate applying to income over AUD 180,000. Non-residents are taxed at a flat rate starting at 32.5%. Additionally, working holiday makers face a special rate, with the first AUD 45,000 taxed at 15%. The Medicare levy and tax offsets may also apply, while local income tax does not exist.
For more details, refer to the official PwC tax summaries.
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