Welcome to the TaxCalc, the Australian income tax and tax cut calculator
2007-2008:
Calculate your income tax and your tax cut
For example, if you earn $50,000 enter in "50000"
Tax Rates for 2007-2008:
Taxable Income |
Tax on this income |
$0 – $6,000 |
Nil |
$6,001 – $30,000 |
15c for each $1 over $6,000 |
$30,001 – $75,000 |
$3,600 plus 30c for each $1 over $30,000 |
$75,001 – $150,000 |
$17,100 plus 40c for each $1 over $75,000 |
Over $150,000 |
$47,100 plus 45c for each $1 over $150,000 |