Who needs to pay tax in australia?

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Hugh Weimann asked a question: Who needs to pay tax in australia?
Asked By: Hugh Weimann
Date created: Thu, Oct 21, 2021 10:22 AM
Date updated: Sat, Sep 17, 2022 1:41 AM

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Top best answers to the question «Who needs to pay tax in australia»

Each individual is allowed to have income of up to $18,200 each year without paying income tax, and this is called the tax-free threshold. However, if your income is more than $18,200 then you will probably have to pay tax. Australia has what is called is a 'progressive tax system'.

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