Category Archive for: ‘6.5.1 – Tax Rates for Resident Individuals’

Tax Rates for individuals – 2021/2022 Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate) $18,200 Nil 19% $45,000 $5,092 32.5% $120,000 $29,467 37% $180,000 $51,667 45% Tax Rates for individuals – 2020/2021 Taxable Income (Column 1) Tax on Column 1 % on Excess (Marginal Rate) $18,200 Nil 19% $45,000 $5,092 32.5% $120,000 $29,467 37% $180,000 …