2018-2019 Tax Changes passed by Parliament.
On the 21st June 2018, the Government’s plan to overhaul income tax passed the Parliament, clearing the Senate: 37 votes to 33.
The Australian Council of Trade Unions has said that the Coalition’s $143bn personal income tax cut package is something that the country … Read the rest
Income Tax in Australia 2018 – 2019.
A resident taxpayer in Australia who earns $18,200 or under, in the year, will pay NO tax on that income.
If the annual income is $37,000 then the tax payable is $3,572. This is 9.65% of Taxable Income.
At an income of $90,000 … Read the rest