Friday, April 17, 2009
2008/2009 Tax Time is coming...
Tax Reporting Period: 1/7/2008 to 30/6/2009
Subnisssion Time: 1/7/2009 to 31/10/2009
Lower Income Tax offset: $1,200
Tax Rate:
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
$180,001 and over - $58,000 plus 45c for each $1 over $180,000
Company Tax rate remain unchanged at 30%
Subnisssion Time: 1/7/2009 to 31/10/2009
Lower Income Tax offset: $1,200
Tax Rate:
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
$180,001 and over - $58,000 plus 45c for each $1 over $180,000
Company Tax rate remain unchanged at 30%

