2011 Individual Income Tax Rates. The Australian financial year runs from the 1st of July to the 30th June each year, for the year ending in June 2011 the following tax rates apply to an individual residents taxable income. [...]
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The Tax Free Threshold, thats the first $6,000 earnt that you don’t pay tax on… right? Wrong…. ??? There are many tax free thresholds, your situation governs the amount of threshold you receive. Non-Residents, their threshold is nil, they pay tax on $1 Minors, people under 18 who have unearned income their threshold [...] |
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