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NEW ZEALAND
Taxable income |
Tax rate for every
$1 of taxable income
(excluding ACC earners' levy) |
Tax rate for every
$1 of taxable income
(including ACC earners' levy *) |
up to $38,000 |
19.5 cents |
20.9 cents |
$38,001 to $60,000 inclusive |
33 cents |
34.4 cents |
$60,001 and over |
39 cents |
40.4 cents |
No declaration ** |
45 cents |
46.4 cents |
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AUSTRALIA
Tax rates 2008-09
Taxable income |
Tax on this income |
$0 – $6,000 |
Nil |
$6,001 – $34,000 |
15c for each $1 over $6,000 |
$34,001 – $80,000 |
$4,200 plus 30c for each $1 over $34,000 |
$80,001 – $180,000 |
$18,000 plus 40c for each $1 over $80,000 |
$180,001 and over |
$58,000 plus 45c for each $1 over $180,000 |
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SOUTH AFRICA
Tax Rates for Individuals: 2008/2009 Tax Year
Taxable income (R) |
Rates of tax |
0 – 122 000 |
18% of each R1 |
122 001 –195 000 |
R21 960 +25% of the amount above R122 000 |
195 001 –270 000 |
R40 210 +30% of the amount above R195 000 |
270 001 –380 000 |
R62 710 +35% of the amount above R270 000 |
380 001 –490 000 |
R101 210 +38% of the amount above R380 000 |
490 001 and above |
R143 010 +40% of the amount above R490 000 |
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INDIA
Individual Income Tax Rates |
Taxable Income |
Tax Rate |
Over |
Not Over |
|
0 |
Rs. 150,000 1 |
0 |
Rs. 150,001 |
Rs. 300,000 |
10% |
Rs. 300,001 |
Rs. 500,000 |
20% |
Rs. 500,001 |
above |
30% |
Rs. 1 million |
above |
30% 2 |
1. Rs. 180,000 for women and Rs. 225,000 for seniors.
2. A surcharge of 10% on income tax is levied where taxable income exceeds Rs. 1 million which makes it effective 33% including surcharge. . |
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UK
Income Tax rates 2008-09 by tax band and type of income |
Income Tax band |
Income Tax rate on non savings income |
Income Tax rate on savings |
Income Tax rate on dividends |
£1 to £2,320
Starting rate: |
Not available |
10% |
n/a - see basic rate band |
£1 to £36,000
Basic rate: |
20% |
20% |
10% |
£36,001 and above
Higher rate: |
40% |
40% |
32.5% |
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USA
http://www.irs.gov/
Note: Rates 2007
Single Filing Status
- 10% on income between $0 and $7,825
- 15% on the income between $7,825 and $31,850; plus 782.50
- 25% on the income between $31,850 and $77,100; plus $4,386.25
- 28% on the income between $77,100 and $160,850; plus $15,698.75
- 33% on the income between $160,850 and $349,700; plus $39,148.75
- 35% on the income over $349,700; plus $101,469.25
Married Filing Jointly or Qualifying Widow(er) Filing Status
- 10% on the income between $0 and $15,650
- 15% on the income between $15,650 and $63,700; plus $1,565.00
- 25% on the income between $63,700 and $128,500; plus $8,772.50
- 28% on the income between $128,500 and $195,850; plus $24,972.50
- 33% on the income between $195,850 and $349,700; plus $43,830.50
- 35% on the income over $349,700; plus $94,601.00
Married Filing Separately Filing Status
- 10% on the income between $0 and $7,825
- 15% on the income between $7,825 and $31,850; plus $782.50
- 25% on the income between $31,850 and $64,250; plus $4,386.25
- 28% on the income between $64,250 and $97,925; plus $12,486.25
- 33% on the income between $97,925 and $174,850; plus $21,915.25
- 35% on the income over $174,850; plus $47,300.50
Head of Household Filing Status
- 10% on the income between $0 and $11,200
- 15% on the income between $11,200 and $42,650; plus $1,120.00
- 25% on the income between $42,650 and $110,100; plus $5,837.50
- 28% on the income between $110,100 and $178,350; plus $22,700.00
- 33% on the income between $178,350 and $349,700; plus $41,810.00
- 35% on the income over $349,700; plus $98,355.50
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Canada
Federal tax rates for 2008:
- 15% on the first $37,885 of taxable income, +
- 22% on the next $37,884 of taxable income (on the portion of taxable income between $37,885 and $75,769), +
- 26% on the next $47,415 of taxable income (on the portion of taxable income between $75,769 and $123,184), +
- 29% of taxable income over $123,184.
Provincial/Territorial tax rates for 2008
Provincial / Territorial tax rates (combined chart) |
Provinces / Territories |
Rate(s) |
Newfoundland and Labrador |
8.2% on the first $30,215 of taxable income, +
13.3% on the next $30,214, +
16% on the amount over $60,429 |
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 amount over $93,000 |
New Brunswick |
10.12% on the first $34,836 of taxable income, +
15.48% on the next $34,837, +
16.8% on the next $43,600, +
17.95% on the amount over $113,273 |
Ontario |
6.05% on the first $36,020 of taxable income, +
9.15% on the next $36,021, +
11.16% on the amount over $72,041 |
Manitoba |
10.9% on the first $30,544 of taxable income, +
12.75% on the next $35,456, +
17.4% on the amount over $66,000 |
Saskatchewan |
11% on the first $39,135 of taxable income, +
13% on the next $72,679, +
15% on the amount over $111,814 |
Alberta |
10% of taxable income |
British Columbia |
5.24% on the first $35,016 of taxable income, +
7.98% on the next $35,017, +
10.5% on the next $10,373, +
12.29% on the next $17,230, +
14.7% on the amount over $97,636 |
Yukon |
7.04% on the first $37,885 of taxable income, +
9.68% on the next $37,884, +
11.44% on the next $47,415, +
12.76% on the amount over $123,184 |
Northwest Territories |
5.9% on the first $35,986 of taxable income, +
8.6% on the next $35,987, +
12.2% on the next $45,038, +
14.05% on the amount over $117,011 |
Nunavut |
4% on the first $37,885 of taxable income, +
7% on the next $37,885, +
9% on the next $47,414, +
11.5% on the amount over $123,184 |
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