✔ Making tax transparenct and easy to understand for all tax payers.
Income tax tables are simply a list of categories that contain specific items or types of tax that are applied against your income and expenses. Tax tables apply to:
Each tax table will include a specific title which has an associated fixed amount or percentage. Fixed amounts can be either a 'Threshold' or an actual amount.
A tax threshold is a figure where a calculation applies above or below a fixed amount or, in the case of income tax thresholds, tax applies when earning fall within a specific threshold range with a lower fixed amount and upper fixed amount.
Tax Tables typically change each tax year with rates, allowances and thresholds changed to support tax revenue streams to support the Governments plans and associated costs within the budget
Tax Tables include figures for:
Select a tax year from the options below to see specific tax thresholds, rates ad allowances for Individuals, Companies, Trusts and Small Business Corporations (SBC).