If you have investments other than super, these are probably taxed at your marginal tax rate (MTR). Your MTR is the highest rate at which you pay tax on your income. For more information visit the Australian Taxation Office.
2010-11 Marginal Tax Rates
| Taxable income |
Tax rate |
Percentage |
| $1 – $6,000 |
Nil |
0%
|
| $6,001 – $37,000 |
15c for each $1 over $6,000 |
15%
|
| $37,001 – $80,000 |
$4,650 plus 30c for each $1 over $37,000 |
30%
|
| $80,001 – $180,000 |
$17,550 plus 37c for each $1 over $80,000 |
37%
|
| $180,001 and over |
$54,550 plus 45c for each $1 over $180,000 |
45%
|
* The above rates do not include the Medicare levy of 1.5%
Super is one of the most tax-effective ways of saving for retirement. Find out why by learning about the way your super or pension is taxed.
Follow the links below to find out more.
Tax file numbers
Tax on contributions
Tax deductions
Tax on investment earnings
Tax when super is paid as cash
Tax rebate for spouses
Tax on pensions
Tax for eligible temporary residents