becoming boring, page-13

  1. 17,233 Posts.
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    Ave income $64k


    45 x 1.6 = 72k

    here...

    even you might be able to work it out ......


    Taxable income
    Tax on this income

    $1 – $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





    works out to be $46,801 after tax.

    1.6 x 46,801 = $74,881

    yeah your correct I had it worng...its acuatlly higher


    lol...pmsl









 
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