RESOURCES

TAX RATE TABLE

Tax Rate 2020-21

These rates apply to individuals who are Australian residents for tax purposes.

The below rates :

Do not include the Medicare levy

TAXABLE INCOMETAX ON THIS INCOME
0 – $18,200NIL
$18,201 – $45,00019 cents for each $1 over $18,200
$45,001 – $120,000$5,092 plus 32.5 cents for each $1 over $45,000
$120,001 – $180,000$29,467 plus 37 cents for each $1 over $120,000
$180,001 and over$54,097 plus 45c for each $1 over $180,000

CLIENT DOCUMENTATION DOWNLOADS

Good practice checklist for small business and individuals.

USEFUL LINKS

Below are some useful industry bodies to assist you…

Financial Review
http://www.afr.com/
A look into today’s market and up to date trending.

Australian Business Register
https://abr.gov.au/
A comprehensive view on complying with Government Legislation for Companies and Individuals.

Australian Taxation Office
https://www.ato.gov.au/
Comprehensive information on tax and compliance with helpful tools for businesses and individuals.

ASIC
http://www.asic.gov.au/
ASIC is Australia’s corporate, markets and financial services regulator.

Australian Taxation Office Reporting and Lodgement
https://www.ato.gov.au/super/apra-regulated-funds/reporting-and-lodgment-dates/
Comprehensive list of Lodgement and Deadline dates for all Entities and Individuals.

AUSTRALIAN RBA SNAPSHOT APRIL 2021