Income Tax Table Australia
September 1st, 2007
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Question: If I earn 75000 AUD in Australia what will be my total tax ?
Please include income tax deductions likehouse rent, food allowance etc. Assume a house rent of 1000 AUD for example. I just want a ball park figure for my total in-hand income. I have seen the tax table but I don’t know about deductions.
Answer: I suggest that you get an accountant or look up the Australian Master tax Guide through a library somewhere as the MTG is pretty close to being a tax bible for most accountants. MTG will explain what you may treat as deductions, what rebates if any are available and there is a table in the back to look up your “taxable” income to find out how much tax you would have to pay.
Please keep in mind though that PERSONAL expenes such as travel, food, rent, entertainment etc are generally not deductible.
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