Asia-Pacific · Tax guide

Australia

Australia taxes companies at 30%, or 25% for smaller base rate entities, charges GST at 10%, requires employers to pay superannuation of 12% — on every payday from 1 July 2026 — and applies the global minimum tax. Taxes are administered by the Australian Taxation Office (ATO).

Updated 1 October 2026 · 17 of 17 figures checked against official sources

At a glance

Company tax
30%

25% for base rate entities

GST
10%

Registration at A$75,000 turnover

Superannuation
12%

Employer contribution on wages

Fringe benefits tax
47%

On the grossed-up value of benefits

Withholding on royalties
30%

Interest 10%; before treaty relief

Global minimum tax
15%

Groups with revenue of €750 million or more

Company tax

Companies pay 30%. Base rate entities — aggregated turnover under A$50 million and mostly active income — pay 25%. Tax is paid through pay-as-you-go instalments and the company return is lodged after the 30 June year-end.

Sole traders pay individual tax at rates up to 45% plus the 2% Medicare levy.

GST

GST is charged at 10% on most goods and services; basic food, most health and education services are GST-free. Registration is required once turnover reaches A$75,000. Most small businesses lodge a quarterly Business Activity Statement (BAS).

Employers

Employers withhold PAYG tax from wages and pay the superannuation guarantee of 12% of ordinary time earnings into employees' funds. Under Payday Super, from 1 July 2026 super must reach the fund within 7 business days of each payday. Non-cash benefits to employees attract fringe benefits tax at 47%.

Payments to non-residents

  • Unfranked dividends: 30%; franked dividends carry none.
  • Interest: 10%.
  • Royalties: 30%, reduced by treaty.
  • When a foreign resident sells Australian property, the buyer withholds 15% of the price unless the seller provides a clearance certificate.

Transfer pricing and the global minimum tax

Cross-border related-party dealings must be at arm's length. Groups with global income of A$1 billion or more are significant global entities, facing country-by-country reporting, higher penalties and the diverted profits tax. Groups with revenue of €750 million or more are subject to the global minimum tax at 15%.

Key dates

  • 28 days after each quarterBusiness Activity Statement (GST and PAYG)
  • Every payday from 1 July 2026Superannuation contributions, within 7 business days
  • After 30 JuneCompany tax return for the income year

Figures and sources

17 figures

Indicative only. This assessment is a high-level overview of tax obligations in Australia based on the information you provided and rules in force for 2026. It is not tax or legal advice. Consult a registered Australian tax agent before making compliance decisions.