Resident Tax Rates 2011-2012
| Taxable income |
Tax on this income |
| 0 – $6,000 |
Nil |
| $6,001 – $37,000 |
15c for each $1 over $6,000 |
| $37,001 – $80,000 |
$4,650 plus 30c for each $1 over $37,000 |
| $80,001 - 180,000 |
$17,550 plus 37c for each $1 over $80,000 |
| $180,001 and over |
$54,550 plus 45c for each $1 over $180,000 |
The above rates do not include the Medicare levy of 1.5%.
The above rates do not include the Flood levy which are $0 to $50,000 - Nil, $50,001 to $100,000 Half a cent for each $1 over $50,000 and Over $100,000 $250 plus 1c for each $1 over $100,000
Resident Tax Rates 2010-2011
| Taxable income |
Tax on this income |
| 0 – $6,000 |
Nil |
| $6,001 – $37,000 |
15c for each $1 over $6,000 |
| $37,001 – $80,000 |
$4,650 plus 30c for each $1 over $37,000 |
| $80,001 – $180,000 |
$17,550 plus 37c for each $1 over $80,000 |
| $180,001 and over |
$54,550 plus 45c for each $1 over $180,000 |
Resident Tax Rates 2009-2010
| Taxable income |
Tax on this income |
| 0 – $6,000 |
Nil |
| $6,001 – $35,000 |
15c for each $1 over $6,000 |
| $35,001 – $80,000 |
$4,350 plus 30c for each $1 over $35,000 |
| $80,001 – $180,000 |
$17,850 plus 38c for each $1 over $80,000 |
| $180,001 and over |
$55,850 plus 45c for each $1 over $180,000 |
Non-Resident Tax Rates 2011-2012
| Taxable income |
Tax on this income |
| 0 – $37,000 |
29c for each $1 |
| $37,001 – $80,000 |
$10,730 plus 30c for each $1 over $37,000 |
| $80,001 – $180,000 |
$23,630 plus 37c for each $1 over $80,000 |
| $180,001 and over |
$60,630 plus 45c for each $1 over $180,000 |
Non-Resident Tax Rates 2010-2011
| Taxable income |
Tax on this income |
| 0 – $37,000 |
29c for each $1 |
| $37,001 – $80,000 |
$10,730 plus 30c for each $1 over $37,000 |
| $80,001 – $180,000 |
$23,630 plus 37c for each $1 over $80,000 |
| $180,001 and over |
$60,630 plus 45c for each $1 over $180,000 |
Non-Resident Tax Rates 2009-2010
| Taxable income |
Tax on this income |
| 0 – $35,000 |
29c for each $1 |
| $35,001 – $80,000 |
$10,150 plus 30c for each $1 over $35,000 |
| $80,001 – $180,000 |
$23,650 plus 38c for each $1 over $80,000 |
| $180,001 and over |
$61,650 plus 45c for each $1 over $180,000 |
Minor Tax Rates 2009-2010
| Taxable income |
Tax on this income |
| $0 – $416 |
Nil |
| $417 – $1,307 |
Nil + 66% of the excess over $416 |
| Over $1,307 |
45% of the total amount of income that is not excepted income |
| For 2009/10 the effective tax free threshold was $3,000 |
|
HELP Repayment Rates 2009-2010
| HELP repayment income (HRI*) |
Repayment rate |
| Below $43,151 |
Nil |
| $43,151–$48,066 |
4% of HRI |
| $48,067–$52,980 |
4.5% of HRI |
| $52,981–$55,764 |
5% of HRI |
| $55,765–$59,943 |
5.5% of HRI |
| $59,944–$64,919 |
6% of HRI |
| $64,920–$68,336 |
6.5% of HRI |
| $68,337–$75,203 |
7% of HRI |
| $75,204–$80,136 |
7.5% of HRI |
| $80,137 and above |
8% of HRI |
Land Tax General Rates 2009 - 2011
| Total taxable value of landholdings |
Land tax payable |
| < $250,000 |
Nil |
| $250,000 to < $600,000 |
$275 plus 0.2% of amount > $250,000 |
| $600,000 to < $1,000,000 |
$975 plus 0.5% of amount > $600,000 |
| $1,000,000 to < $1,800,000 |
$2,975 plus 0.8% of amount > $1,000,000 |
| $1,800,000 to < $3,000,000 |
$9,375 plus 1.3% of amount > $1,800,000 |
| $3,000,000 and over |
$24,975 plus 2.25% of amount > $3,000,000 |
Stamp Duty Rates - For Contracts Entered Into On Or After 6 May 2008
| Dutiable Value Range |
Rate |
| $0 - $25,000 |
1.4 per cent of the dutiable value of the property |
| > $25,000 - $130,000 |
$350 plus 2.4 per cent of the dutiable value in excess of $25,000 |
| > $130,000 - $960,000 |
$2,870 plus 6 per cent of the dutiable value in excess of $130,000 |
| More than $960,000 |
5.5 per cent of the dutiable value |
| For the purchase of any other property (i.e. not your Principal place of residence) for contracts entered into on or after 6 May 2008. |
