Luke I Amyofath

Not intended to be absolutely accurate but may give a rough estimate as to what to expect in the way of income tax / take home pay:

http://www.webwombat.com.au/finance_...income_tax.htm

Merlot

Cheers Luke I Amyofath.

Also our lovely friends at Australian Tax Office have great pages on their website and are nothing but so helpful when I have spoken to them on the phone - seriously.

http://www.ato.gov.au/default.asp?menu=40

Regards
Merlot

ADELAIDE BOUND

Thanks Luke

Great help. Gulp, that much!!!!!

Cheers.

ABCDiamond

This calculator is slightly out of date, it quotes
But it doesn't make much difference. eg: on $45,000 the calculator says $9,880, but in 2004 it is $9,672. As I said not a big difference, but you do need to add the medicare levy. That needs a more complex calculator, but could be another $600 on the above example.
Medicare Levy Calculator or ATO tax calculator

Mr&MrsPom

Just looked on the site, what are the two different figures quoted, what is pre gst and post gst

ABCDiamond

It was a calculation done to show people if they were better of after GST was introduced. Thats VAT to those who don't know.

I'm not sure how they calculated it, as it depends on many factors, or which polical parties figures you read

I'll have another look at it.....

ABCDiamond

It isn't what I first thought. Its just the differences before and after they changed the tax rates, when GST came in. Income tax was reduced to compensate for the GST.

gld

gld

I forgot to say that the pre-departure shuffle with pensions can significantly reduce your tax. Some you can do in the "Gap" and some before leaving. It can send you into a Nil or low tax bracket, its called re-basing.


All the Best