Current Income Tax Rates
Income Tax Rates from 1st July 2008
| Taxable Income |
Tax on this income (including Medicare Levy) |
Tax (+ Medicare) |
|
$0 - $6,000 |
Nil |
00.0% |
|
$6,001 - $34,000 |
16.5c for each $1 over $6,000 |
16.5% |
|
$34,001 - $80,000 |
$4,620 plus 31.5c for each $1 over $34,000 |
31.5% |
|
$80,001 - $180,000 |
$19,110 plus 41.5c for each $1 over $80,000 |
41.5% |
|
Over $180,000 |
$60,610 plus 46.5c for each $1 over $180,000 |
46.5% |