Tax Rates and Tables
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 |
Tax rates 2010-11
|
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
|
For more information regarding Individual Income Tax rates, click
here.