Tax?

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Old May 9th 2012, 7:14 pm
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What is the tax percentage that will be deducted from a weekly wage?
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Old May 9th 2012, 9:34 pm
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Default Re: Tax?

It isn't a flat rate, it is in bands like in the UK.

You will find rates on www.ato.gov.au
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Old May 10th 2012, 12:53 pm
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Default Re: Tax?

Originally Posted by 02737640
What is the tax percentage that will be deducted from a weekly wage?
How simple ..... If you earn 5000 a year the tax for you will be zero.
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Old May 10th 2012, 1:30 pm
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Default Re: Tax?

50,000 a year not 5,000
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Old May 10th 2012, 3:06 pm
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Default Re: Tax?

Originally Posted by 02737640
50,000 a year not 5,000
OK ..... You've posted many different threads asking lots of relevant questions to your move. Your calculator is busy trying to analyse every cent and your brain is about to burst.

The thing is it's simpler than comparing lettuces to lettuces, petrol to pertol and rent to rent, building the biggest spreadsheet you.ve ever built and worrying if it's actually legal to house 2 cats indoors in NSW. Yes on exchange rate rent is more expensive in Sydney, public transport is cheaper in Sydney, petrol is cheaper in Sydney, but the cost of a new pair of jeans will make your jaw hit the floor.

What do you earn in the UK and what can you earn in Sydney http://www.seek.com.au?

Divide the potential Sydney salary by the UK salary. If the result is above 2 - 2.2 you are in the clear. Your move is worthwhile and you will be living life like you were in the UK. If you are earning £20000 in the UK you are good to go - otherwise treat the trip as a backpacker experience.
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