How the hell is tax only 14%. I just got an instalment rate for...

  1. jonkey1995
    3,886 Posts.
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    03/05/16
    14:21
    Post #: 17663646
    How the hell is tax only 14%. I just got an instalment rate for 53.28% of my gross earnings. Thought it was a joke, but ATO confirmed it. My usual earnings are outside the top tax bracket (except for a weird accrual adjustment last year).

    Cheers
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