What are the tax free thresholds in australia?
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Asked By: Devyn Wisozk
Date created: Sun, Oct 17, 2021 3:59 AM
Date updated: Wed, Jun 22, 2022 1:08 AM
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Top best answers to the question «What are the tax free thresholds in australia»
The tax-free threshold is $18,200. This means if you're an Australian resident for tax purposes, the first $18,200 of your income in each income year is tax-free. You can choose to claim the tax-free threshold. If you choose to do so, tax will be withheld by your payer when you earn above $18,200.
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