Tax Rates

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Tax Rates

Income Tax Rates

Resident Individuals

2010 - 2011

Taxable incomeTax on this income
$1 – $6,000Nil
$6,001 – $37,00015c 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
 

2009 -2010

Taxable incomeTax on this income
$0 – $6,000Nil
$6,001 – $35,00015c for each $1 over $6,000
$35,001 – $80,000$4,350 plus 30c for each $1 over $35,000
$80,001 – $180,000$17,850 plus 38c for each $1 over $80,000
$180,001 and over$55,850 plus 45c for each $1 over $180,000

 

2008-2009

Taxable incomeTax on this income
$0 – $6,000Nil
$6,001 – $34,00015c for each $1 over $6,000
$34,001 – $80,000$4,200 plus 30c for each $1 over $34,000
$80,001 – $180,000$18,000 plus 40c for each $1 over $80,000
$180,001 and over$58,000 plus 45c for each $1 over $180,000

 

Companies

A flat tax rate of 30c applies.

 

Contact your accountant for any further specific tax rates.

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