Dollars And Sense

jobs, work + money

DollarsandSense

Calculate their tax

Using the tax tables on the Individual Tax Rates page of the Australian Taxation Office (ATO) web site, estimate the tax each of these people would pay and enter the amounts in the blank fields below. Then crosscheck your answer using the ATO's Simple Tax Calculator.

Using tax tables

Cross check using calculator

Josh
$136.17 (week)
$6,808.50 (year)

Laura
$160.32 (week)
$8,016.00 (year)

Pop star
$5,825 (week)
$302,900 (year)

Footballer
$2,884.62 (week)
$150,000 (year)

Note: Simple tax calculations like this are always approximate. They do not take all factors into account, including possible deductions.

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