|
Tax rates 2012-13
The following rates for 2012-13 apply from 1 July 2012.
|
Taxable income |
Tax on this income |
|
0 - $80,000 |
32.5c for each $1 |
|
$80,001 - $180,000 |
$26,000 plus 37c for each $1 over $80,000 |
|
$180,001 and over |
$63,000 plus 45c for each $1 over $180,000 |
Foreign residents are not required to pay the Medicare levy. |