2007/08 Tax Rates
Individual Tax Rates from 1 July 2008 –30 June 2009
Taxable income Per cent
$0 - $6,000 Nil
$6,001 - $34,000 15%
$34,001 - $80,000 30%
$80,001 - $180,000 40%
>$180,001 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
Transitional arrangement – contributions by individuals aged 50 or more
Year Concessional cont cap amount
2007/08 $100,000
2008/09 $100,000
2009/10 $100,000
2010/11 $100,000
2011/12 $100,000
2012/13 $50,000
Non-concessional contributions cap
2007/08 $150,000


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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

 

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