2006-07 Tax Rates - JH Business Services & Taxation - Bella Vista Norwest Business Park

2006/07 Tax Rates

Individual Tax Rates from 1 July 2006 –30 June 2007
Taxable income	Per cent
$0 - $6,000	Nil
$6,001 - $25,000	15%
$25,001 - $75,000	30%
$75,001 - $150,000	40%
>$150,001	45%
Individual Tax Rates from 1 July 2007 –30 June 2008
Taxable income	Per cent
$0 - $6,000	Nil
$6,001 - $30,000	15%
$30,001 - $75,000	30%
$75,001 - $150,000	40%
>$150,001	45%
Company Tax Rates	30%
Complying superannuation	15%
FBT	46.5%
SGC	9%
Superannuation contributions
Concessional contributions cap
Income year	Cap amount
2007/08	$50,000
Age-based limit
Under 35	$15,260
35 to 49	$42,385
50 and over	$105,113