Welcome to the TaxCalc, the Australian income tax and tax cut calculator

2008-2009:

Calculate

Calculate your income tax and your tax cut

 

Enter your taxable income in dollars:

 

For example, if you earn $50,000 enter in "50000"

Tax Rates for 2008-2009:

Tax Rates 2008-2009

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

Over $180,000

$58,000 plus 45c for each $1 over $180,000

Summary:

Money Image
Tax on income:
$
Medicare Levy:
$
Low Income Tax Offset:
$
Total:
$
Tax cut from previous year:
$
* Medicare Levy for 2008-09 has not yet been determined. This is an estimate only