Australian Income Tax Rates for the year 2009/2010
|
Taxable income |
Tax on this income |
|
$0 ?? $6,000 |
Nil |
|
$6,001 ?? $35,000 |
15c for each $1 over $6,000 |
|
$35,001 ?? $80,000 |
$4,350 plus 30c for each $1 over $35,000 |
|
$80,001 ?? $180,000 |
$17,850 plus 38c for each $1 over $80,000 |
|
Over $180,000 |
$55,850 plus 45c for each $1 over $180,000 |
* Low income earners under $15,000 will pay no tax, due to the Low Income Tax Offset.
The above rates DO NOT include the 1.5% Medicare levy
Rates for the following year, 2010-2011, as set out in the 2009-10 budget are shown below.
