Tax Burden Controls
Max Average Burden
at gross A$12,500.00
Max Marginal Burden
at gross A$8,458.33
Above 20%
Gross Salary Range
Income
Applies Australia family thresholds for Medicare levy and MLS. Partner income is assumed to be 0.
Includes compulsory HELP, VSL, SSL and AASL repayments.
Australia: 'Gains' assume the resident 50% CGT discount applies. Dividends are taxed as ordinary income. Franking credits and spouse income are not modeled.