| Individual income tax rates |
 |
 |
|
|
Taxable income |
Tax on this income |
|
0 – $6,000 |
Nil |
|
$6,001 – $35,000 |
15c 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 |
The above rates do not include the Medicare levy of 1.5% (read Medicare levy reduction or exemption for more information).
Tax offsets reduce the tax payable. Tax offsets based on taxable income levels apply to a range of circumstances. For more information read About tax offsets.
Michael Hung's Social Activities
Some Activities
| About Michael Hung |
| Michael Hung Productions-- DVD & CD Solo Saxophone Proceeds from sale to Charities |
|
