Rates & Calculators

 

Income Tax Rates

 


Resident Individuals (2011-2012)

 

Income

Rate

$0 – $6,000 0%
$6,001 – $37,000 15% over $6,000
$37,001 – $80,000 $4,650 + 30% over $37,000
$80,001 – $180,000 $17,550 + 37% over $80,000
$180,001+ $54,550 +45% over $180,000

 

Flood levy (Applies only to 2011-2012)

 

Taxable income

Flood levy on this income

$0 – $50,000 Nil
$50,001 – $100,000 Half a cent for each $1 over $50,000
$100,001+ $250 plus 1c for each $1 over $100,000

 

Minors Resident Individuals (2011-2012)

 

Taxable income

Tax payable

$0 – $416 Nil
$417 – $1,307 Greater of:
- 66% of the excess over $416, and
- difference between tax on the whole of  taxable income and tax on non-eligible taxable income
$1,308+ 45% on the whole of the eligible taxable income

 click here for more tables

images

New Car/Equipment Finance

New Express Asset Purchase Facility

We now have available via our association with One 10, [...]

Read More

Business Loan

Need a Business Loan?

It is not a secret that since the GFC it has become increasingly difficult [...]

Read More

images

Like a Government Grant?

There are numerous Government grants, assistance packages, and programs that you and your business [...]

Read More