Income Tax on an Australian Citizen

	A	B	C	D	E	F	H
1	Income	Tax	Retirement	Tax %	Tax + Retirement %	Take Home

2	20000	2100	1800	10.50%	19.50%	16100	Retirement is "Superannuation," mandatory 9% payment to your retirement
3	30000	3600	2700	12.00%	21.00%	23700
4	45000	6960	4050	15.47%	24.47%	33990
5	60000	11460	5400	19.10%	28.10%	43140
6	80000	17460	7200	21.83%	30.83%	55340	1.5% healthcare tax kicks in at 77k after superannuation costs, so about 80k
7	100000	24950	9000	24.95%	33.95%	66050
8	125000	34200	11250	27.36%	36.36%	79550
9	150000	43450	13500	28.97%	37.97%	93050
10	250000	87100	22500	34.84%	43.84%	140400
11	500000	203350	45000	40.67%	49.67%	251650
12	1000000	435850	90000	43.59%	52.59%	474150
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