Monthly Archives: June 2014

Budget changes effective from 1 July 2014

Budget changes effective from 1 July 2014

A summary of the budget changes effective from 1 July 2014 is below: • The personal tax rates for the 2014/15 income year are

Taxable income 0 – $18,200 $18,201 – $37,000 $37,001 – $80,000 $80,001 – $180,000 **$180,001 and over

Tax on this income* Nil 19c for each $1 over $18,200 $3,572 plus 32.5c for each...