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2006-11-06 15:01:34 · 7 answers · asked by jennifer s 1 in Business & Finance Taxes Australia

7 answers

If this is your only source of income then you will be paying $56 per week

2006-11-07 17:58:31 · answer #1 · answered by Anonymous · 0 0

If you are in Australia, they have something called a weekly/fortnightly 'tax table' which is released every year by the tax department. They can be found at your local newsagency. It is very handy, and will give you a rough indication of what you will be taking home. You can also go onto the Australian Tax Office website and type in 'tax table' in the Search line, and then click on 'Schedule 2'.
If you are earning $440.00 per week, the tax table on that says that if you are claiming the tax free-threshold, and have no leave-loading, they will deduct $56.00.

2006-11-08 20:41:10 · answer #2 · answered by Anonymous · 0 0

This depends on several different things. Are you talking just federal income tax? Or a combination of federal,social,and medicare? Are you single? Do you have any dependents? This all depends on the amount they will hold out of your checks. It also depends on your age. If you are single with no dependents, you can figure about 1/3 on average.

2006-11-06 15:19:19 · answer #3 · answered by Bobby 1 · 0 0

At least 23%

2006-11-06 15:09:38 · answer #4 · answered by flugelberry 4 · 0 0

figure 33 percent annually

2006-11-06 15:04:11 · answer #5 · answered by Anonymous · 0 0

Around one third sadly.

2006-11-06 15:09:39 · answer #6 · answered by Anonymous · 0 0

about a third will be taken out

2006-11-06 15:04:25 · answer #7 · answered by sidekick 6 · 0 0

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