New Express Asset Purchase Facility
We now have available via our association with One 10, [...]
Income Tax Rates |
|
|
|
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 |