Originally Posted by UNOME
Funbags
Quite right, I stand corrected. Capts net AUD7200 F/Os AUD5200. (Tax is now only 45 cents in the dollar.)
New federal budget released last night...........
Not that this sweetens the deal, but the new tax bracket will be "only"
40% from $75,000 to $150,000. Then it's 45% above that.
It equates to around an extra $5,200 in your pocket if you're on 150K.
When will they bring in 15% across the board?
That would be 30K in the pocket!