Income Tax for Australia 2011 - 2012

 

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

The above rates do notinclude the Medicare levy of 1.5% (read Guide to Medicare levy for more information).

 

 

 

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