Goochie Posted December 30, 2010 Posted December 30, 2010 Can anyone tell me what percentage of your salary in Australia is taken in tax? In the UK we have income tax and NI, but what do you have down-under?
fleabo Posted December 30, 2010 Posted December 30, 2010 Hi, Check out Individual income tax rates at the ATO website for tax rates. Cheers. f
Pumpkin Posted December 30, 2010 Posted December 30, 2010 Can anyone tell me what percentage of your salary in Australia is taken in tax? In the UK we have income tax and NI, but what do you have down-under? There are bands, same as in UK, not a flat rate. On the whole though, there is no significant difference between deductions in UK versus Australia.
Guest Stevebel Posted December 30, 2010 Posted December 30, 2010 There's a calculator on the AU Government site if you want an accurate assessment of income tax. I don't know the score on any NI equivalent though. Using a round number of AU$100k and no deductables, the end-rate is about 25% which isn't a bad place to start for planning purposes.
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