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Residents of Australia (for tax purposes)
Tax rates 2009-2010
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Taxable income
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Tax on this income
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0 – $6,000
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Nil
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$6,001 – $35,000
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15c for each $1 over $6,000
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$35,001 – $80,000
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$4,350 plus 30c for each $1 over $35,000
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$80,001 – $180,000
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$17,850 plus 38c for each $1 over $80,000
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$180,001 and over
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$55,850 plus 45c for each $1 over $180,000
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The above rates do not include the Medicare levy of 1.5%. Tax offsets reduce the tax payable.
Tax offsets are based on taxable income levels and apply to a range of circumstances. For more information read About tax offsets.
Tax rates 2010-2011 (applied from 1 July 2010)
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Taxable income
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Tax on this income
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0 – $6,000
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Nil
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$6,001 – $37,000
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15c for each $1 over $6,000
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$37,001 – $80,000
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$4,650 plus 30c for each $1 over $37,000
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$80,001 – $180,000
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$17,550 plus 37c for each $1 over $80,000
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$180,001 and over
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$54,550 plus 45c for each $1 over $180,000
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Non-residents
Tax rates 2009-2010
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Taxable income
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Tax on this income
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0 – $35,000
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29c for each $1
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$35,001 – $80,000
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$10,150 plus 30c for each $1 over $35,000
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$80,001 – $180,000
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$23,650 plus 38c for each $1 over $80,000
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$180,001 and over
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$61,650 plus 45c for each $1 over $180,000
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Non-residents are not required to pay the Medicare levy.
Tax rates 2010-2011
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Taxable income
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Tax on this income
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0 – $37,000
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29c for each $1
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$37,001 – $80,000
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$10,730 plus 30c for each $1 over $37,000
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$80,001 – $180,000
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$23,630 plus 37c for each $1 over $80,000
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$180,001 and over
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$60,630 plus 45c for each $1 over $180,000
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Children or Minors
If you are under the age of 18, and receive ‘unearned’ income (for example, investment income), special rates apply. Read Income of individuals under the age of 18.
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