Guest MarkandTrace Posted June 6, 2007 Share Posted June 6, 2007 Hi,Help please:unsure: What sort of deductions would you expect to pay in tax and Insurance say for argument sake if you earned in the region of $41000 or $800 a week,just supposing. Any help in this would be gratefully received. Link to comment Share on other sites More sharing options...
Guest Abi&Dan Posted June 6, 2007 Share Posted June 6, 2007 My sister would be able to answer this - but she'll be in bed now!! However, I asked her a similar question a while ago and she confirmed that he OH pays around 20% tax. They have similar benefits such as thresholds etc like in the UK but essentially if your a basic rate tax payer it works out at around 20% overall (and I believe this does include the medicare premium as well). People talk about Oz having really high tax - I think it's 48% for higher rate payers!! Link to comment Share on other sites More sharing options...
Guest MarkandTrace Posted June 6, 2007 Share Posted June 6, 2007 Thank you Abi... So its best to stay in a lower tax band..If you could ask your Sister at some point how much this would be great. Cheers. Trace.. quote=Abi&Dan;118823]My sister would be able to answer this - but she'll be in bed now!! However, I asked her a similar question a while ago and she confirmed that he OH pays around 20% tax. They have similar benefits such as thresholds etc like in the UK but essentially if your a basic rate tax payer it works out at around 20% overall (and I believe this does include the medicare premium as well). People talk about Oz having really high tax - I think it's 48% for higher rate payers!! Link to comment Share on other sites More sharing options...
Guest jonseywife Posted June 6, 2007 Share Posted June 6, 2007 Hiya Mark & Trace Try this link below..... it has calculators for income tax and medicare too!!!!! Have fun!!!!!!!!!! http://www.ato.gov.au/default.asp?menu=65 Sally-ann :wub: Link to comment Share on other sites More sharing options...
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