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2011-2012 Tax Calculator
Have we got the best Tax Calculator for you! Our 2011-2012 Tax Calculator is quick and simple for you to use and as an Added Bonus we show you your results on a graph.
You can quickly input your variables onto the screen and then click on the "Calculate Now" button. Your results will be shown instantly.
The above calculations are based on the following Australian 2011-2012 Taxation Rates:
2011/2012 Tax Year
Personal Tax
| Taxable Income | Amount Paid in Tax |
|---|---|
| $0 - $6,000 | Nil |
| $6,001 - $37,000 | 15c for each $1 over $6,000 |
| $37,001 - $80,000 | $4,650 plus 30c for each $1 over $37,000 |
| $80,001 - $180,000 | $17,550 plus 37c for each $1 over $80,000 |
| Over $180,000 | $54,550 plus 45c for each $1 over $180,000 |
Flood Levy
| Taxable Income | Amount Paid in Tax |
|---|---|
| $0 - $50,000 | Nil |
| $50,001 - $100,000 | .5c for each $1 over $50,000 |
| Over $100,001 | $250 plus 1c for each $1 over $100,000 |
Disclaimer
This tax calculator is a guide only and is intended for use in Australia. Please refer to your accountant for a detailed calculation as variations such as Medicare Levy Surcharge, HELP Debts, Low Income Offsets etc can alter your tax position. Alternatively visit http://www.ato.gov.au/.
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