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Does not include the 1.5% Medicare levy 2011 - 2012 Taxable income Tax on this income $ 0 - $ 6,000 Nil $ 6,001 - $ 37,000 15c for each $1 over $ 6,000 $37,001 - $ 80,000 $ 4,650 plus 30c for each $1 over $ 37,000 $80,001 - $180,000 $17,550 plus 37c for each $1 over $ 80,000 Over $180,000 $54,550 plus 45c for each $1 over $180,000 Flood Levy $ 0 - $ 50,000 Nil $ 50,001 - $100,000 0.5c for each $1 over $ 50,000 $180,001 - $ 250 plus 1c for each $1 over $100,000 2010 - 2011 Taxable income Tax on this income $ 0 - $ 6,000 Nil $ 6,001 - $ 37,000 15c for each $1 over $ 6,000 $37,001 - $ 80,000 $ 4,650 plus 30c for each $1 over $ 37,000 $80,001 - $180,000 $17,550 plus 37c for each $1 over $ 80,000 Over $180,000 $54,550 plus 45c for each $1 over $180,000 2008 - 2009 Taxable income Tax on this income $ 0 - $ 6,000 Nil $ 6,001 - $ 34,000 15c for each $1 over $ 6,000 $34,001 - $ 80,000 $ 4,200 plus 30c for each $1 over $ 30,000 $80,001 - $180,000 $18,000 plus 40c for each $1 over $ 80,000 Over $180,000 $58,000 plus 45c for each $1 over $180,000 2007 - 2008 Taxable income Tax on this income $0 - $ 6,000 Nil $6,001 - $ 30,000 15c for each $1 over $ 6,000 $30,001 - $ 75,000 $ 3,600 plus 30c for each $1 over $ 30,000 $75,001 - $150,000 $17,100 plus 40c for each $1 over $ 75,000 Over $150,000 $47,100 plus 45c for each $1 over $150,000 2006-2007 Taxable income Tax on this income $0 - $ 6,000 Nil $ 6,001 - $ 25,000 15c for each $1 over $ 6,000 $25,001 - $ 75,000 $ 2,850 plus 30c for each $1 over $ 25,000 $75,001 - $150,000 $17,850 plus 40c for each $1 over $ 75,000 Over $150,000 $47,850 plus 45c for each $1 over $150,000 2005-2006 Taxable income Tax on this income $0 - $ 6,000 Nil $ 6,001 - $21,600 15c for each $1 over $ 6,000 $21,601 - $63,000 $ 2,340 plus 30c for each $1 over $21,600 $63,001 - $95,000 $14,760 plus 42c for each $1 over $63,000 Over $95,000 $28,200 plus 47c for each $1 over $95,000 2004-05 Taxable income Tax on this income $ 0 - $ 6,000 Nil $ 6,001 - $21,600 17c for each $1 over $ 6,000 $21,601 - $58,000 $ 2,652 plus 30c for each $1 over $21,600 $58,001 - $70,000 $13,572 plus 42c for each $1 over $58,000 Over $70,001 $18,612 plus 47c for each $1 over $70,000Marginal tax rates for employees. FROM 1 JULY 2006 Range Rate $ 0 to $ 6000 0% $ 6001 to $ 25000 15% $ 25001 to $ 75000 30% $ 75001 to $150000 40% $125001 and above 45% FROM 1 JULY 2005 Range Rate $ 0 to $ 6000 0% $ 6001 to $21600 15% $21601 to $63000 30% $63001 to $95000 42% $95001 and above 47% FROM 1 JULY 2004 Range Rate $ 0 to $ 6000 0% $ 6001 to $21600 17% $21601 to $58000 30% $58001 to $70000 42% $70001 and above 47% FROM 1 JULY 2003 Range Rate $ 0 to $ 6000 0% $ 6001 to $21600 17% $21601 to $52000 30% $52001 to $62500 42% $62501 and above 47% PRE 1 JULY 2000 Range Rate $ 0 to $ 5400 0% $ 5401 to $20700 20% $27001 to $36000 34% $36001 to $50000 43% $50001 and above 47% FROM 1 JUL 1996 Range Rate $ 0 to $ 5400 0% $ 5401 to $20700 20% $27001 to $38000 34% $36001 to $50000 43% $50001 and above 47% FROM 15 NOV 1993 Range Rate $ 0 to $ 5400 0% $ 5401 to $20700 20% $27001 to $36000 34% $36001 to $50000 43% $50001 and above 47%The Medicare levy was 1.4% till 1-7-95. Thence it rose to 1.5%. In 1996/97 the levy was 1.7%. It is additional to the rates above. In 2004, it is 1.5% Tax on salary can be reduced if you are entitled to certain rebates. A Zone allowance is also applicable to certain employees Company tax rates rose from 33% to 36% on 1-7-95
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