Income Tax Rates

Below are the latest Income Tax Rates which are built into the system... You may also have access to the previous rates if need be

Charts updated November 2011

 

The current income tax brackets being used by EasyAs are found below. This information has been gathered from various sources and government web sites.

 

Should you discover any of the rates to be incorrect, ie.. your relevant country has had a rate change that we have not yet incorrporated into our software, please feel free to contact us requesting an immediate update. Please Email in this instance to info@easyasincometax.com

 

 

Please Click on the name of your Country to view the Rates

 

 

 

 

 

 

NEW ZEALAND

 

The rates in the table below apply from 1 April 2011 to 31 March 2012.

Taxable income Income tax rates for every
$1 of taxable income
(excluding ACC earners' levy)
PAYE rates for every
$1 of taxable income
(including ACC earners' levy*)
up to $14,000 10.5 cents 12.54 cents
from $14,001 to $48,000 17.5 cents 19.54 cents
from $48,001 to $70,000 30 cents 32.04 cents
$70,001 and over 33 cents 35.04 cents
No notification** 45 cents 47.04 cents
Use the Tax on annual income calculator if you want to know the tax rates for previous years.
* The earners' levy rate (including GST) for the period 1 April 2011 to 31 March 2012 is 2.04% ($2.04 per $100)
** Employers are legally required to use the no notification rate when an employee does not fully complete the Tax code declaration (IR330). A completed form must include name, IRD number and tax code. The form must also be signed.

 

 

 

 

AUSTRALIA

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).

 

 

 

 

 

 

SOUTH AFRICA

Tax Rates for Individuals: 2011/2012 Tax Year


Taxable income (R) Rates of tax
0 – 150 000 18% of each R1
150 001 – 235 000 R27 000 + 25% of the amount above R150 000
235 001 – 325 000 R48 250 + 30% of the amount above R235 000
325 001 – 455 000 R75 250 + 35% of the amount above R325 000
455 001 – 580 000 R120 750 + 38% of the amount above R455 000
580 001 and above R168 250 + 40% of the amount above R580 000

 

Rebates of Tax
Primary R10 755
Additional (Persons 65 and older) R6 012
Tertiary (Persons 75 and older) R2 000

 

Tax threshold
Below age 65 R59 750
Age 65 to below 75 R93 150
Age 75 and over R104 261

 

 

 

 

 

 

 

 

 

INDIA

 

 

For the Assessment Year 2009-10

Taxable income slab (Rs.)

Rate (%)

Up to 1,50,000
Up to 1,80,000 (for women)
Up to 2,25,000 (for resident individual of 65 years or above)

NIL

1,50,001 – 3,00,000

10

3,00,001 – 5,00,000

20

5,00,001 upwards

30*

 

 

UK

Income Tax rates and taxable bands

 

2010-11

2011-12

Starting rate for savings: 10%*

£0-£2,440

 

Basic rate: 20%

£0-£37,400

£0-£35,000

Higher rate: 40%

£37,401-£150,000

£35,001-£150,000

Additional rate: 50%

Over £150,000

Over £150,000

 

 

 

 

 

 

 

 

 

 

USA


http://www.irs.gov/

 

Note: Rates 2011

 

USA 2010 Income Tax Charts

 

 

 

 

 

 

 

Canada

 

  • 15% on the first $41,544 of taxable income, +
  • 22% on the next $41,544 of taxable income
  • (on the portion of taxable income between $41,544 and $83,088), +
  • 26% on the next $45,712 of taxable income
  • (on the portion of taxable income between $83,088 and $128,800), +
  • 29% of taxable income over $128,800.

 

 

 / Territories Rate(s)
Newfoundland and Labrador 7.7% on the first $31,904 of taxable income, +
12.5% on the next $31,903, +
13.3% on the amount over $63,807
Prince Edward Island 9.8% on the first $31,984 of taxable income, +
13.8% on the next $31,985, +
16.7% on the amount over $63,969
Nova Scotia 8.79% on the first $29,590 of taxable income, +
14.95% on the next $29,590, +
16.67% on the next $33,820 +
17.5% on the next $57,000
21% on the amount over $150,000
New Brunswick 9.1% on the first $37,150 of taxable income, +
12.1% on the next $37,150, +
12.4% on the next $46,496, +
14.3% on the amount over $120,796
Quebec See Income tax rates (Revenu Québec Web site).
Ontario 5.05% on the first $37,774 of taxable income, +
9.15% on the next $37,776, +
11.16% on the amount over $75,550
Manitoba 10.8% on the first $31,000 of taxable income, +
12.75% on the next $36,000, +
17.4% on the amount over $67,000
Saskatchewan 11% on the first $40,919 of taxable income, +
13% on the next $75,992, +
15% on the amount over $116,911
Alberta 10% of taxable income
British Columbia 5.06% on the first $36,146 of taxable income, +
7.7% on the next $36,147, +
10.5% on the next $10,708, +
12.29% on the next $17,786, +
14.7% on the amount over $100,787
Yukon 7.04% on the first $41,544 of taxable income, +
9.68% on the next $41,544, +
11.44% on the next $45,712, +
12.76% on the amount over $128,800
Northwest Territories 5.9% on the first $37,626 of taxable income, +
8.6% on the next $37,627, +
12.2% on the next $47,092, +
14.05% on the amount over $122,345
Nunavut 4% on the first $39,612 of taxable income, +
7% on the next $39,612, +
9% on the next $49,576, +
11.5% on the amount over $128,800