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Income thresholds Rate Tax payable on this income $0-$18,200 0% NII $18,201 - $37,000 19% 19c for each $1 over $18,200 $37,001 - $90,000 32.5%
Income thresholds Rate Tax payable on this income $0-$18,200 0% NII $18,201 - $37,000 19% 19c for each $1 over $18,200 $37,001 - $90,000 32.5% $3,572 plus 32.5% of amounts over $37,000 37% $20,797 plus 37% of amounts over $90,000 $90,001 - $180,000 $180,001 and over 45% $54,096 plus 45% of amounts over $180,000 Use the 2019-2020 tax rates table above to answer the following questions. Use a calculator, but show your working. 2. What is the maximum fortnightly salary someone can earn and still be in the first tax bracket ($0 - $18,200), assuming they have no taxable deductions
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