Investor Marginal Tax Rate

The following table has been source from the ATO Website and was current as at 10/10/2010. Looking at the table below you can find your marginal tax rate by aligning your Taxable Income to  the "Tax on this income" column and then converting the highlighted figure (cents) into a percentage. For example if you earn $85,000 per year then the tax on the income per dollar is 37 cents. Hence your marginal tax rate is 37%. For further information, please visit the  ATO Website.

Tax Rates 2010 - 2011

Taxable income

Tax on this income

Marginal Tax Rate

0 – $6,000

Nil

0% 

$6,001 – $37,000

15c for each $1 over $6,000

15%

$37,001 – $80,000

$4,650 plus 30c for each $1 over $37,000

30%

$80,001 – $180,000

$17,550 plus 37c for each $1 over $80,000

37%

$180,001 and over

$54,550 plus 45c for each $1 over $180,000

45%