sidestep

Flood levy - what will I pay?

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    Flood levy calc.

     

    Earnings up to $50,000 will attract no levy.

     

    $50,001 to $100.000 = $0.005 for each $1 over $50k

     

    $100,000 and above = $250 plus $0.01 for each $1 over $100k

     

     

    All based on taxable income in 2011-2012 year

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    Guest bishop3912

    Thanks for that I was wondering last night what we would pay, now I know lol. Bishop3912

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