What percentage is income tax in australia?
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Asked By: Sven Schulist
Date created: Thu, Jun 24, 2021 10:58 PM
Date updated: Wed, Jun 22, 2022 2:10 AM
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Video answer: How is income tax calculated in australia
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What is the tax bracket in Australia?
- Tax brackets in Australia. Individual income tax rates (residents) Financial years 2018-19, 2019-20. Taxable income Tax on this income Effective tax rate 0 - $18,200 Nil 0% $18,201 - $37,000 19c for each $1 over $18,200 0 - 9.7% $37,001 - $90,000 $3,572 plus 32.5c for each $1 over $37,000 ...
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