Video answer: Australian income tax 20-21 | tax explained | how tax brackets work | tax basics
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Tax brackets are part of a progressive taxation system, which is used in most developed economies… For example, in Australia the first $18,200 you earn every year isn't taxed. But once you earn $18,201 or more, you start paying 19 cents per dollar – a tax rate of 19% – until you earn $37,001.
Video answer: How income tax works in australia. how income tax brackets in australia work