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1 tax question...

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Old Jan 7th 2010 | 11:04 pm
  #1  
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Lightbulb 1 tax question...

Hi Guys,
Just wanted to figure out how much gross (pre-tax) salary will fetch me 5K AUD per month in hand income in Australia applying current tax rates. I think somebody in the know can answer instantly. Thanks in advance. Feel free to make assumptions; it needn't be very accurate.
 
Old Jan 7th 2010 | 11:10 pm
  #2  
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Default Re: 1 tax question...

About $80k.

http://www.smh.com.au/business/money...ncome_tax.html
 
Old Jan 7th 2010 | 11:11 pm
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Default Re: 1 tax question...

Hi,

Try this link: http://www.ato.gov.au/scripts/taxcalc/calculate_tax.asp
 
Old Jan 7th 2010 | 11:18 pm
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Thumbs up Re: 1 tax question...

Thanks a lot to both of you. And tool is really handy. Now next step is to find out a job which pays 80K. A tough task indeed
 

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