Company tax rate here is 28.5%,
Min wage is $18.29 per hour, add on to that +25% is your casual, plus 4 weeks paid leave + 9.5% retirement,+++ Works out about $25 a hour for flip a burger/potwasher wage.
FREE healthcare, 5.4% Unemployment ( keep in mind unemployed get $501.00 per fortnight for single people, or $452.30 each for a couple )
Personal Taxes.
Under $18,201 NO TAX
$18,201– $37,000 19c for each $1 over $18,200
$37,001 - $80,000 $3,572 plus 32.5c for each $1 over $37,000
$80,001 - $180,000 $17,547 plus 37c for each $1 over $80,000
$180,001 and over* $54,547 plus 45c for every $1 over $180,000
As a business of course, Pay yourself 18100 a year, and everything else goes on the company creditcard ;)
|