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Individual Australian Residents tax rates 2011-12
The following rates for 2011-12 apply from 1 July 2011.
Taxable income | Tax on this 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 |
The above rates do not include the Flood or Medicare levy of 1.5%.
It is important to keep documentation to substantiate all work related expenses.
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MIDDLETON PARTNERS |
| As public accountants we have been serving Geelong and Region for well over twenty years and are recognised for our prompt, efficient and practical tax and accounting services. Our advantage is that we deal on a continuing "one to one" relationship with our clients. A relationship based upon providing the best advice at a realistic and reasonable fee level. |
Take advantage of our services with a no obligation, no cost, initial consultation during which we will help you explore our services and discuss your circumstances in the context of a plan. |
Liability limited by a scheme approved under Professional Standards Legislation.
