notnownotever
PRINCE
HI, I'M DOING TAX, AND I NEED TO KNOW WHAT TO DO. OK LETS GO.
Taxable income= $38958.29 TOTAL EARNINGS=$51200 AND TAXABLE GROSS=$50800
OK HOW DO I WORK OUT EVERYTHING.
Tax on this income
$0 – $6,000
Nil
$6,001 – $21,600
15c for each $1 over $6,000
$21,601 – $63,000
$2,340 plus 30c for each $1 over $21,600
$63,001 – $95,000
$14,760 plus 42c for each $1 over $63,000
Over $95,000
$28,200 plus 47c for each $1 over $95,000
SO US WORKING AND EVERYTHING
Taxable income= $38958.29 TOTAL EARNINGS=$51200 AND TAXABLE GROSS=$50800
OK HOW DO I WORK OUT EVERYTHING.
Tax on this income
$0 – $6,000
Nil
$6,001 – $21,600
15c for each $1 over $6,000
$21,601 – $63,000
$2,340 plus 30c for each $1 over $21,600
$63,001 – $95,000
$14,760 plus 42c for each $1 over $63,000
Over $95,000
$28,200 plus 47c for each $1 over $95,000
SO US WORKING AND EVERYTHING