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Resident and Non-Resident Individual Tax Rates 2014-2015

26 Jun 15

Resident Individual 2014-2015

 Taxable Income Tax on Taxable Income  % on excess (Marginal Rate)
$18,200 Nil 19%
$37,000 $3,572 32.5%
$80,000 $17,547 37%
$180,000 $54,547 45%
GDP Uplift Factor 4%    

Non-Resident Individual 2014-2015

Taxable Income Tax on Taxable Income % on excess (Marginal Rate)
Nil Nil 32.5%
$80,000 $26,000 37%
$180,000 $63,000 45%

 

For taxable incomes exceeding $180,000, the 2% temporary budget repair levy applies to the part of taxable income exceeding $180,000



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