Ishfaq Ali Posted August 22, 2014 Share Posted August 22, 2014 New immigrant should be aware of the income tax in Australia. Tax rates 2014-15 The following rates for 2014-15 apply from 1 July 2014. Taxable income Tax on this income 0 – $18,200 Nil $18,201 – $37,000 19c for each $1 over $18,200 $37,001 – $80,000 $3,572 plus 32.5c for each $1 over $37,000 $80,001 – $180,000 $17,547 plus 37c for each $1 over $80,000 $180,001 and over $54,547 plus 45c for each $1 over $180,000 The above rates do not include the Medicare levy of 2% Find out more Medicare levy End of find out more The above rates do not include the Temporary Budget Repair Levy. The Temporary Budget Repair Levy is payable at a rate of 2% for taxable incomes over $180,000. ATO Link: https://www.ato.gov.au/rates/individual-income-tax-rates/ Quote Link to comment Share on other sites More sharing options...
Echidna66 Posted August 24, 2014 Share Posted August 24, 2014 And it could go higher from what the lying idiots were saying today..They need more money to pay their billions of imaginary dept..What a joke they are, and will the sheep obey.. Quote Link to comment Share on other sites More sharing options...
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