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The Christmas Loan was created with the idea that we know some people borrow money to pay for Christmas, either by using loans or credit cards.
The federal income tax is one of the most complicated innovations in human history. But we’re going to try and simplify the whole enchilada with this handy federal income tax guide.
Income tax. Know how much tax you will pay. If you earn money from work or investments, you will usually pay tax on that money. Understanding how your tax is calculated will help you work out how much tax you should pay.
International taxation is the study or determination of tax on a person or business subject to the tax laws of different countries or the international aspects of an individual country's tax laws as the case may be. Governments usually limit the scope of their income taxation in some manner territorially or provide for offsets to taxation relating to extraterritorial income.
Disclaimers & assumptions. The rates are for Australian residents. Your marginal tax rate does not include the Medicare levy, which is calculated seperately.The Medicare levy is calculated as 2% of taxable income for most taxpayers.
All material in this publication may be reprinted freely. A citation to Your Federal Income Tax (2017) would be appropriate. However, the information given does not cover every situation and is not intended to replace the law or change its meaning. This publication covers some subjects on which a ...