Australian income tax rates for 2018/2019 and 2019/2020 (residents)
Income thresholds Rate Tax payable on this income
$0 – $18,2000% Nil
$18,201 – $37,000 19% 19c for each $1 over $18,200
$37,001 – $90,000 32.5% $3,572 plus 32.5% of amounts over $37,000
$90,001 – $180,000 37% $20,797 plus 37% of amounts over $90,000
$70,000 taxable income Tax Per Year $12,812 (If have company Weekly Tax is $246 No Company $296)
Income thresholds Rate Tax payable on this income
$0 – $18,2000% Nil
$18,201 – $37,000 19% 19c for each $1 over $18,200
$37,001 – $90,000 32.5% $3,572 plus 32.5% of amounts over $37,000
$90,001 – $180,000 37% $20,797 plus 37% of amounts over $90,000
$70,000 taxable income Tax Per Year $12,812 (If have company Weekly Tax is $246 No Company $296)
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South Brisbane - South Point
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Milton Project
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