Welcome to the TaxCalc, the Australian income tax and tax cut calculator
2004-2005:
Calculate your income tax and your tax cut
For example, if you earn $50,000 enter in "50000"
Tax Rates for 2004-2005:
Taxable Income |
Tax on this income |
$0 – $6,000 |
Nil |
$6,001 – $21,600 |
17c for each $1 over $6,000 |
$21,601 – $58,000 |
$2,652 plus 30c for each $1 over $21,600 |
$58,001 – $70,000 |
$13,572 plus 42c for each $1 over $58,000 |
Over $70,000 |
$18,612 plus 47c for each $1 over $70,000 |
