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-   -   weekly wages (https://britishexpats.com/forum/australia-54/weekly-wages-622632/)

alzer Jul 28th 2009 7:13 am

weekly wages
 
hey can anyone help me on a salary of 65k a year incl. super how much would i come out with at the end of the of each week cant find anything about how tax is calculated .

aman_sharma2k1 Jul 28th 2009 7:31 am

Re: weekly wages
 

Originally Posted by alzer (Post 7792245)
hey can anyone help me on a salary of 65k a year incl. super how much would i come out with at the end of the of each week cant find anything about how tax is calculated .


Not sure whether this is the right place to ask this..have no idea..still to enter to the great Ozzzzzzzzzzzzzzzzzzzz:rolleyes::wub:

DownUnderPaddy Jul 28th 2009 8:08 am

Re: weekly wages
 

Originally Posted by alzer (Post 7792245)
hey can anyone help me on a salary of 65k a year incl. super how much would i come out with at the end of the of each week cant find anything about how tax is calculated .

http://www.ato.gov.au/businesses/con...tent/33283.htm

For 65k p.a. (incl super), that would work out at....

1146 gross p.w.
Less approx 244 tax witheld.

Net of approx $902 p.w.

ABCDiamond Jul 28th 2009 5:00 pm

Re: weekly wages
 
$59,633.00 Gross Annual
$ 1,146.79 Gross Weekly
$ 242.00 Tax
$ 17.20 Medicare

$ 887.59 Net Weekly (after Tax and Medicare)


On an annual salary of $59,633 the employer should pay a minimum of $5,367 per year into into your super fund.
This adds up to the $65,000 quoted IF it includes super.

For comparison purposes, against quoted average wages etc., your wage is $59,633 per year.
The super contribution, like the UK 'employers' NI contribution, is payable by the employer.

alzer Jul 29th 2009 2:42 am

Re: weekly wages
 
thanks for your help lads


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