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How to Reduce your tax and accounting fees while paying the correct amount of tax and not a cent more?

 
Home Tax Tips Individual Tax Tips Individual Tax Rates - 2008/2009
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Individual Tax Rates - 2008/2009 PDF Print E-mail

The following table covers tax thresholds if you are a resident for the full 2008–09 income year and are entitled to the $6,000 tax-free threshold. Please note that these tax rates are for the 2008–09 income year.

 

General Rates - Individuals

 

                                                        
Taxable Income Tax on this Income
$1 - $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 $34,000
$80,001 - $180,000 $18,000 plus 40c for each $1 over $80,000
$180,001 and over $58,000 plus 45c for each $1 over $180,000
                             
 
 
 
 

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