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	<title>PropertyInvesting.com | Mareea | Activity</title>
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				<title>Mareea replied to the topic Working the figures in the forum Hi
Just to let you know when</title>
				<link>https://www.propertyinvesting.com/topic/4390751-working-the-figures/#post-4573975</link>
				<pubDate>Tue, 11 Sep 2007 04:14:40 +0000</pubDate>

									<content:encoded><![CDATA[<p>HiJust to let you know when you earn $100,000 you are not charged the top tax rate for the whole 100,000. The 2007-08 rates are1 &#8211; 6000   Nil tax6001 &#8211; 30,000  15c30,001 &#8211; 75,000  30c75,001 &#8211; 150,000  40cso I think if you calculate this out it comes to 27,000 tax on 100,000 plus your medicare levy.I hope this helps, you can go into the ATO&#039;s webs&hellip;<span class="activity-read-more" id="activity-read-more-77118"><a href="https://www.propertyinvesting.com/topic/4390751-working-the-figures/#post-4573975" rel="nofollow">[Read more]</a></span></p>
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