Income Tax Rates 2013-2014 Australia

Income Tax in Australia 2013 – 2014.

Special rules apply to income earned by people under 18 years old and, in some cases, some of their income may be taxed at a higher rate than an adult.

2013-2014 Tax Rates for Earners classed as Tax-Resident.

Taxable income Tax on this income
0 to $18,200 Nil
$18,201 to $37,000 19 cents for each $1 over $18,200
$37,001 to $80,000 $3,572 plus 32.5 cents for each $1 over $37,000
$80,001 to $180,000 $17,547 plus 37 cents for each $1 over $120,000
$180,001 and over $54,547 plus 45 cents for each $1 over $180,000

Source: Australian Taxation Office

The above rates do not include the Medicare Levy.

0 0 votes
Article Rating
Subscribe
Notify of
guest

0 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x