New Australian tax brackets
🎉🎉 Aussie tax brackets got a fresh new look! 👀 It's the "Stage Three Tax Cuts" in action, and it's a win for over 13.6 million of us! 🎊
Your next paycheck is about to get a little juicier, folks! 💸 But don't expect a tax refund surprise this year – it's all about your future earnings. 💼
Wanna know exactly how much extra cash you'll be stashing? 💰 Just slide into that handy calculator! ✨
Your next paycheck is about to get a little juicier, folks! 💸 But don't expect a tax refund surprise this year – it's all about your future earnings. 💼
Wanna know exactly how much extra cash you'll be stashing? 💰 Just slide into that handy calculator! ✨
Here are the new tax brackets at a glance:
Earn up to $18,200 — pay no tax
Pay a 16 per cent tax rate on each dollar earned between $18,201–$45,000
Pay a 30 per cent tax rate on each dollar earned between $45,001–$135,000
Pay a 37 per cent tax rate on each dollar earned between $135,001–$190,000
Pay a 45 per cent tax rate on each dollar earned above $190,000
Earn up to $18,200 — pay no tax
Pay a 16 per cent tax rate on each dollar earned between $18,201–$45,000
Pay a 30 per cent tax rate on each dollar earned between $45,001–$135,000
Pay a 37 per cent tax rate on each dollar earned between $135,001–$190,000
Pay a 45 per cent tax rate on each dollar earned above $190,000
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