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Task is to estimating tax on income. According to the Australian Tax Office the tax rates for 2007-2008?



Tax bracketTaxable incomeTax on this income
0$0 鈥?$6,000Nil
1$6,001 鈥?$30,00015c for each $1 over $6,000
2$30,001 鈥?$75,000$3,600 plus 30c for each $1 over $30,000
3$75,001 鈥?$150,000$17,100 plus 40c for each $1 over $75,000
4$150,001 and over$47,100 plus 45c for each $1 over $150,000

and what are you asking in this regard? Source(s): http://en.wikipedia.org/wiki/income_tax_...
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