Heard Island and McDonald Islands Information about minimum wage and taxes.

Heard Island and McDonald Islands are two islands within Australia and are subject to Australian laws regarding minimum wages and taxes. Australia's minimum wage is AU$20.33 per hour as of 1 July 2021. This figure applies to the entire Australian territory and is the same for Heard Island and McDonald Islands. Regarding taxes, tax rates determined by the Australian government are valid. In the 2021-2022 financial year, tax exemption applies to earnings of AU$18,200 and below. A tax rate of 19% is applied for earnings between AU$18,201-45,000, 32.5% for earnings between AU$45,001-120,000, 37% for earnings between AU$120,001-180,000, and 45% for earnings of AU$180,001 and above. These tax rates also apply to Heard Island and McDonald Islands. However, it should not be forgotten that people living on the islands have the obligation to file tax returns and pay taxes.

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