For the 2013/14 income year, the Government has maintained the same tax thresholds and tax rates as for the 2012/13 income year and most tax tables from the previous year can still be used.
However, there have been changes to a number of tax tables that affect employees with:
- Higher Education Loan Program (HELP) debts;
- Back payments, commissions, bonuses and other similar payments;
- Employment termination payments or return to work payments; and
- Senior or pensioner tax status.
To assist employers in withholding the correct amount of tax, the Tax Office also provides a tax withheld calculator, which is available
here.
- The tax tables on the Tax Office website include:
- Regular payments, including weekly, fortnightly, monthly and quarterly tax tables;
- Various HELP tax tables;
- Other weekly tax tables, including tax tables with no and half the Medicare levy and tax tables for seniors and pensioners;
- Tax tables for exempt employees; and
- Tax tables for superannuation payments, Medicare levy adjustments, and a wide variety of other tax tables.
To access the 2013/14 PAYG withholding tax tables, click
here.
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