Pay less tax and build your wealth

 
 
If your taxable income is ….. then your tax is this much …  

Consider how much money you will give to the government in ten years?

If you bought a new residential investment property for $300,000 then you could typically reduce your tax by $10,000.

In ten years time you could have saved $100,000 in tax plus have a property worth $600,000 or more. You've made $400,000!

Why wouldn't you do it.

See - How do I build wealth

 
$25,000 $2,850
$30,000 $4,350
$35,000 $5,850
$40,000 $7,350
$45,000 $8,850
$50,000 $10,350
$55,000 $11,850
$60,000 $13,350
$65,000 $14,850
$70,000 $16,350
$75,000 $17,850
$80,000 $19,850
$85,000 $21,850
$90,000 $23,850
$95,000 $25,850
$100,000 $27,850
$105,000 $29,850
$110,000 $31,850
$115,000 $33,850
$120,000 $35,850
$125,000 $37,850
$130,000 $39,850
$135,000 $41,850

 

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Disclaimer - The information provided is not advice. It is general in nature and may not apply in all cases. Past performance can not be relied upon as an indicator of future performance. All persons must rely on their own investigations. Tax table data refers to Australian resident income tax rates (not including Medicare levy) and is from believed to be correct as at 1 July 2006 however this has not been verified with the Australian Taxation Office.