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).
At a glance
- Company tax
- 30%
- GST
- 10%
- Superannuation
- 12%
- Fringe benefits tax
- 47%
- Withholding on royalties
- 30%
- Global minimum tax
- 15%
25% for base rate entities
Registration at A$75,000 turnover
Employer contribution on wages
On the grossed-up value of benefits
Interest 10%; before treaty relief
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- Company tax rate30%Checked against the official source
- Company tax rate for base rate entities25%Checked against the official source
- GST rate10%Checked against the official source
- Superannuation guarantee rate12%Checked against the official source
- Start of Payday Super1 July 2026Checked against the official source
- Annual turnover at which GST registration is requiredA$75,000Checked against the official source
- Fringe benefits tax rate47%Checked against the official source
- Withholding on royalties paid to non-residents (before treaty relief)30%Checked against the official source
- Withholding on interest paid to non-residents10%Checked against the official source
- Global minimum tax rate15%Checked against the official source
- Group revenue for the global minimum tax€750 millionChecked against the official source
- Aggregated turnover below which a company can be a base rate entityA$50 millionChecked against the official source
- Top individual tax rate45% plus the 2% Medicare levyChecked against the official source
- Business days after payday for super to reach the fund7Checked against the official source
- Withholding on unfranked dividends paid to non-residents (before treaty relief)30%Checked against the official source
- Foreign resident capital gains withholding on property sales (all values from 2025)15%Checked against the official source
- Global income at which a group is a significant global entityA$1 billionChecked against the official source
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.