Resident and Non-Resident Individual Tax Rates 2014-2015
      26 Jun 15
      
  
      Resident Individual 2014-2015
    
        
            |  Taxable Income | 
            Tax on Taxable Income  | 
            % on excess (Marginal Rate) | 
        
        
            | $18,200 | 
            Nil | 
            19% | 
        
        
            | $37,000 | 
            $3,572 | 
            32.5% | 
        
        
            | $80,000 | 
            $17,547 | 
            37% | 
        
        
            | $180,000 | 
            $54,547 | 
            45% | 
        
        
            | GDP Uplift Factor 4% | 
              | 
              | 
        
    
Non-Resident Individual 2014-2015
    
        
            | Taxable Income | 
            Tax on Taxable Income | 
            % on excess (Marginal Rate) | 
        
        
            | Nil | 
            Nil | 
            32.5% | 
        
        
            | $80,000 | 
            $26,000 | 
            37% | 
        
        
            | $180,000 | 
            $63,000 | 
            45% | 
        
        
             
             | 
              | 
             
             | 
        
    
For taxable incomes exceeding $180,000, the 2% temporary budget repair levy applies to the part of taxable income exceeding $180,000
  
   
  
  
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