Welcome to the TaxCalc, the Australian income tax and tax cut calculator
2005-2006:
Calculate your income tax and your tax cut
For example, if you earn $50,000 enter in "50000"
Tax Rates for 2005-2006:
Taxable Income |
Tax on this income |
$0 – $6,000 |
Nil |
$6,001 – $21,600 |
15c for each $1 over $6,000 |
$21,601 – $63,000 |
$2,340 plus 30c for each $1 over $21,600 |
$63,001 – $95,000 |
$14,760 plus 42c for each $1 over $63,000 |
Over $95,000 |
$28,200 plus 47c for each $1 over $95,000 |