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    What is the income tax rate in Australia, i.e, for a person making about $50,000 AUD a year?

    Question #35943. Asked by Lolli's Lulu. (Jul 06 03 5:16 AM)


    gtho4

    		Anyone on $50,000 will pay $11,172 plus a 1.5% medicare levy of $750.

    Before 30-Jun-03 the tax on $50,000 was $11,380 .. that's the $4 per week tax reduction we got in the May Budget. You can buy a milk shake and a hamburger with that, if you're lucky.

    http://www.ato.gov.au/content.asp?doc=/content/Individuals/12333.htm

    Jul 06 03, 5:41 AM

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