Tax Return (1 Viewer)

LaZy_KoReAn

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Say you earn $35k / year.

How much tax will you be paying and at the end of the financial year, how much in return will you get approx?
 

LeftrightOut

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LaZy_KoReAn said:
Say you earn $35k / year.

How much tax will you be paying and at the end of the financial year, how much in return will you get approx?
It all depends on how crafty you or your accountant want to be. There are a lot of deductions one can claim for a variety of things.

It will also depend whether you are employed casually or full time as the way they do your weekly pay as you go amounts will vary. If you get a raise half way through it will change again. It will also depend if you work one job or two, if you have a HECS debt and how you filled out your initial employee forms.
 

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