Tax Rates


Business Tax Rates


An updated schedule of business entity and company tax rates 2014 to 2018.

Entity Type 2018 2017 2016 2015 2014
COMPANY TAX RATES
Small business company 27.5% 27.5% 28.5% 30% 30%
Other companies 30% 30% 30% 30% 30%
Non-profit companies Nil tax if taxable income under $416, otherwise above rates apply
 
TRUST TAX RATES
Distributed income Taxable to beneficiaries personally on share of income
Undistributed or Non-Resident 47% 49% 49% 49% 46.5%
SBE Beneficiary Offset 8% 8% 5%
 
PARTNERSHIP TAX RATES
Distributed income Taxable to partners personally on share of income
SBE Partner Offset 8% 8% 5%
 
SMSF TAX RATES
Accumulation account 15% 15% 15% 15% 15%
Transition To Retirement 15% 0% 0% 0% 0%
Pension account 0% 0% 0% 0% 0%
Div 293 Contributions Surcharge 15% 15% 15% 15% 15%
 
SBE TURNOVER THRESHOLDS
SBE tax concessions $25m $10m $2m $2m $2m
SBE cgt concessions $2m $2m $2m $2m $2m
SBE Tax Offset $5m $5m $2m $2m $2m
 
Company tax estimator
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