2004/05 Tax Rates

Individual Tax Rates from 1 July 2004 –30 June 2005
Taxable incomePer cent
$0 - $6,000Nil
$6,001 - $21,60015%
$21,601 - $58,00030%
$58,001 - $70,00042%
> $70,00147%
Individual Tax Rates from 1 July 2005 –30 June 2006
Taxable incomePer cent
$0 - $6,000Nil
$6,001 - $21,60015%
$21,601 - $63,00030%
$63,001 - $95,00042%
> $95,00147%
Company Tax Rates30%
Complying superannuation15%
FBT48.5%
SGC9%
Superannuation contributions
Superannuation contributions – self-employed
$0 to $5,000Full deduction
$5,001+$5,000 + 75% of excess over $5,000
Age-based limit
Under 35$13,934
35 to 49$38,702
50 and over$95,980



mailto:jh.business.services@gmail.com
 https://sites.google.com/site/jhbusinessservices/home/taxtips/2004-05-financial-year-tax-tips/1453970855_facebook-square-social-media.png
https://sites.google.com/site/jhbusinessservices/home/taxtips/2004-05-financial-year-tax-tips/1453970876_linkedin-square-social-media.png
 
https://sites.google.com/site/jhbusinessservices/home/taxtips/2004-05-financial-year-tax-tips/1453970864_twitter-square-social-media.png
 
https://sites.google.com/site/jhbusinessservices/home/taxtips/2004-05-financial-year-tax-tips/1453970885_google_plus-square-social-media.png

JH Business Services & Taxation
Accounting | Business Advisory | Tax Services
Specialist in small to medium business 
& personal tax services


Norwest Office


 Suite 205
29-31 Lexington Drive
Bella Vista
NSW 2153