Budget 2016 - Corporate Tax Rates

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4 May 2016

Income Year	Annual Aggregated Turnover Thresholds	Rate
2016/17	$10 million	27.5%
2017/18	$25 million	27.5%
2018/19	$50 million	27.5%
2019/20	$100 million	27.5%
2020/21	$250 million	27.5%
2021/22	$500 million	27.5%
2022/23	$1 billion	27.5%
2023/24	None	27.5%

Income Year	Company Tax Rate
2024/25	27%
2025/26	26%
2026/27	25%

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