### 2025-26 Australian Resident Individual Income Tax Threshold

* **Taxable Income Threshold**: $190,000
* **Controlling Authority**: Parliament of Australia

#### Working and Details
Under the legislated tax brackets applicable for the 2025-26 financial year, the resident individual income tax rates are:

| Taxable Income | Tax Rate |
| :--- | :--- |
| $0 – $18,200 | 0% |
| $18,201 – $45,000 | 16% |
| $45,001 – $135,000 | 30% |
| $135,001 – $190,000 | 37% |
| **Over $190,000** | **45%** |

The top marginal income tax rate of 45 per cent begins to apply to taxable income above **$190,000** (the threshold at which the bracket starts is $190,001). 

The controlling authority that sets the resident individual income tax rates is the **Parliament of Australia** (through federal legislation, primarily the *Income Tax Rates Act 1986*). The Australian Taxation Office (ATO) administers and collects the tax, but does not set the rates.