Personal Income Tax
Personal Income Tax (Pay As You Go) is levied on individuals' according to a sliding scale of tax rates, set out in the following table.

P.A.Y.G. Tax Rates
(current as of the 01 / 07 / 2006)
Taxable Income / Annum
Tax owed on
Income / Annum
% on
Excess
6,000
Nil
15%
25,000
2,850
30%
75,000
17,850
40%
150,000
47,850
45%

Disclaimer
Calculated amounts provided are estimates only, and do not address all the complexities inherent in the calculation of an individuals' tax liabilities.

 

User Data Entry
Calculations
Taxable Income / Annum :
Basic Tax / Annum :
Married or have Dependants? :
Yes No
1.5% Medicare Levy / Annum :
If Married, Spouse's
Taxable Income / Annum :
Number of Dependants :
Full Hospital Cover? :
Yes No
1% Medicare Surcharge :
HECS Debt :
HECS Repayment :
Use current PAYG Tax Rates?
(ie. after 01 / 07 / 2006) :
Yes No
Total Tax / Annum :

Note that all 'User Data Entry' fields must be entered.