Residents
Tax rates 2006-07
| Taxable income |
Tax on this income |
| $0 – $6,000 |
Nil |
| $6,001 – $25,000 |
15c for each $1 over $6,000 |
| $25,001 – $75,000 |
$2,850 plus 30c for each $1 over $25,000 |
| $75,001 – $150,000 |
$17,850 plus 40c for each $1 over $75,000 |
| Over $150,000 |
$47,850 plus 45c for each $1 over $150,000 |
Non-residents
Tax rates 2006-07
| Taxable income |
Tax on this income |
| $0 – $25,000 |
29c for each $1 |
| $25,001 – $75,000 |
$7,250 plus 30c for each $1 over $25,000 |
| $75,001 – $150,000 |
$22,250 plus 40c for each $1 over $75,000 |
| Over $150,000 |
$52,250 plus 45c for each $1 over $150,000 |
Source: ATO
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