Tag: Income tax

Income Tax in Australia 2019 – 2020.

• 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

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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