Tax
Wednesday, July 2nd, 2008
2009 financial year officially starts today. What advantage people will be getting from this new financial year ? Tax rate is changed. You will be having extra $19.23 / weekcompare to the previous financial year if you are earining $50,000. If you are earing $60,000, you will be having $11.54 ...
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Saturday, May 31st, 2008
Good news for those who earn more then $50,000!!
Effective July 1, 2008 the Government will increase the Medicare levy surcharge threshold for single from $50,000 to $100,000 and for those who are members of a family from $100,000 to $150,000. Prior to July 1, 2008, the 1% Medicare Levy is ...
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Tuesday, May 13th, 2008
The tax cuts promised in the election were worth $31 billion over three years. The tax cuts will cost A$7.1 billion in 2008/09, A$9.8 billion in 2009/10, and A$13.9 billion in 2010/11.
From 1 July 2008:
the Low Income Tax Offset (LITO) will increase from $750 to $1,200, providing an effective ...
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Wednesday, February 20th, 2008
Are you earning more then $50,000 in a year ? Then you should consider getting a private health insurance. Why so ? Every Australian pays the medicare levy which is 1.5% of their total income. This contributes to the delivery of Australia's Health Care system. For those who earn more ...
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Tuesday, February 5th, 2008
This article is taken from the Official Website of the Australia Labor Party, dated February 05, 2008. Labor Government will help the first home buyers to achieve their dreams by establishing a new, law tax, First Home Saver Accounts. A couple with an average wage and saving 10% of their ...
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Saturday, February 2nd, 2008
Singapore Tax Rates
S$0 - S$20,000
0.0%
S$20,000 - S$30,000
3.5%
S$30,000 - S$40,000
5.5%
S$40,000 - S$80,000
8.5%
S$80,000 - S$160,000
14.0%
S$160,000 - S$320,000
17.0%
S$320,000 and above
20.0%
Australia Tax Rates
A$0 - A$6,000
Nil
0%
A$6,001 - A$30,000
15c for each $1 over $6,000
0% - 12%
A$30,001 - ...
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