Taxation in Australia
Tax Rates for Australian Residents
The tax rates for Australian residents for income years from 2024 back to 1984 can be found on the Australian Taxation Office (ATO) website. The ATO is responsible for collecting taxes for the Australian Government and provides a range of online services to help taxpayers meet their obligations.
Lodging Your Tax Return
Australian residents are required to lodge a tax return each year. The tax return is used to calculate the amount of tax that is payable or the amount of refund that is due. The ATO provides a range of online services to help taxpayers lodge their tax returns, including:
- myTax
- e-tax
- Tax Agent
Taxpayers can also lodge their tax returns by mail or by visiting an ATO office.
Applying for a Tax File Number
All Australian residents who earn income are required to have a Tax File Number (TFN). A TFN is a unique identifier that is used by the ATO to track a taxpayer's income and tax obligations. Taxpayers can apply for a TFN online or by mail.
Accessing Online Services
The ATO provides a range of online services to help taxpayers meet their obligations, including:
- myGov
- ATO online services
- Tax Agent Portal
These services allow taxpayers to access their tax information, lodge their tax returns, and manage their tax affairs online.
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