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Income Tax Rates In Australia

Income Tax Rates In Australia

Submitted by • August 2, 2012

Income tax rates in Australia depend upon the type of income and vary accordingly. the rates are different for salaried or wage related income, capital gains or business income. The maximum tax rate is 45% for individual income in the highest threshold.Capital gains tax is calculated in a bit complex way than the company tax rate which is 30% flat.

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Voted by australiaincometax

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