trevorpayne

tax and deductions

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    Hi Trevor

     

    Here you go.

     

    Tax rates 2010–11

     

    Taxable income

     

    0 – $6,000 - Nil

     

    $6,001 – $37,000 - 15c for each $1 over $6,000

     

    $37,001 – $80,000 - $4,650 plus 30c for each $1 over $37,000

     

    $80,001 – $180,000 - $17,550 plus 37c for each $1 over $80,000

     

    $180,001 and over - $54,550 plus 45c for each $1 over $180,000

     

    Medicare is 1.5% on that income mentioned.

     

     

    Pensions or superannuation as it is known here is usually in addition to basic (base)pay, (currently 9% of salary)

     

     

    Regards

     

    Andy

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