2007-01-11 14:45:16 · 6 answers · asked by davo 2 in Business & Finance ➔ Taxes ➔ Australia
there is a calculator to work this stuff out on the Tax Office website, this is the link
http://calculators.ato.gov.au/scripts/asp/simpletaxcalc/main.asp
2007-01-11 14:54:30 · answer #1 · answered by uenuku 5 · 0⤊ 0⤋
If you are single, your federal tax will be $72 a week roughly plus FICA & Medicare about $42.00 plus whatever state you live in will have tax too. Sad isn't it. My husband & I paid more in tax this year than we made 10 years ago & they want more taxes.
2007-01-12 00:25:38 · answer #2 · answered by Wolfpacker 6 · 0⤊ 0⤋
If you claim the tax free threshold and receive leave loading you should be paying $97 tax (nett pay = $484.70).
If you don't receive leave loading you should pay $95 tax (nett pay = $486.70).
If you don't claim the tax free threshold you should pay $159 tax (nett pay = $422.70)
2007-01-12 00:05:43 · answer #3 · answered by Kelsey 3 · 0⤊ 0⤋
depends on your elected deduction amounts for federal - single 0 - married 99, etc. social security is 7.65 % and state is also an elected deduction. depends on you really, social security is the only absolute.
2007-01-11 23:04:55 · answer #4 · answered by quanadanj 1 · 0⤊ 0⤋
go to government tax website, that'll help
or talk to an accountant
2007-01-11 22:59:39 · answer #5 · answered by chickenhawk 2 · 0⤊ 0⤋
it depends if you have any dependants. if its just you, theyre going to rape your check via taxes. it also depends on the state you live in.
2007-01-11 22:52:56 · answer #6 · answered by xtal6872 3 · 0⤊ 0⤋