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3.5¢ sayona mining limited

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Outatime55

236 Posts.

55

23/06/23

20:37

Post #: 68445292
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Originally posted by Vodski: ↑

Yes Able is right, you don't pay 45% on the whole gain guys, unless of course you are already earning over $180k a year as Scroll stated, in that case you obviously do pay the highest rate on the whole because it's based on your whole assessable income.

In this example, if your only income for the year was from capital gains and that was $200k, then yes you would pay $51,667 plus 45c per dollar over $180k (so $9000), so a total of $60,667 tax in total on the $200k.

Hope that explains it.

For your reference:

Taxable income
Tax on this income
0 – $18,200
Nil
$18,200 - $45,000
19c for each $1 over $18,200
$45,001 - $120,000
$5,092 plus 32.5 cents for each $1 over $45,000
$121,000 - $180,000
$29,467 plus 37 cents for each $1 over $120,000
$180,001 and over
$51,667 plus 45 cents for each $1 over $180,000

Expand

and some division 293 when over 250k

SYA Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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Last 3.5¢		Change 0.004(12.9%)		Mkt cap ! $360.2M

Open	High	Low	Value	Volume
3.2¢	3.7¢	3.2¢	$3.583M	104.2M

Buyers (Bids)

No.	Vol.	Price($)
37	5222047	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	3114773	17

View Market Depth

No.	Vol.	Price($)
37	5222047	0.035
28	15193780	0.034
26	7161292	0.033
30	10087485	0.032
32	9830983	0.031

Price($)	Vol.	No.
0.036	3114773	17
0.037	5051036	20
0.038	7409477	15
0.039	5657398	23
0.040	6815496	25

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