CURRENT TAX RATES 2017/18
|Taxable income||Tax on taxable income|
|0 - $18,200||Nil|
|$18,201 - $37,000||19c for each $1 over $18,200|
|$37,001 - $87,000||$3,572 plus 32.5c for each $1 over $37,000|
|$87,001 - $180,000||$19,822 plus 37c for each $1 over $87,000|
|$180,001 and over||$54,232 plus 45c for each $1 over $180,000|
Australian Taxation Office https://www.ato.gov.au/
Simple Tax Calculator https://www.ato.gov.au/Calculators-and-tools/Host/?anchor=STC&anchor=STC#STC/questions
Tax Withheld Calculator https://www.ato.gov.au/Calculators-and-tools/Host/?anchor=TWC&anchor=TWC#TWC/questions
|28 February 2018||
Lodge and pay October to December 2017 activity statement.
|21 March 2018||Lodge and pay February 2018 monthly activity statement.|
|21 April 2018||Lodge and pay March 2018 monthly activity statement.|
|28 April 2018||
Lodge and pay January to March 2018 activity statement (paper lodgment only).
|15 May 2018||Lodge 2017 tax returns for individuals and entities who did not have an earlier lodgment date. Payment due for companies and super funds if required.|
|21 May 2018||Lodge and pay April 2018 monthly activity statement.|
|26 May 2018||Lodge and pay January to March 2018 activity statement (electronic lodgment only).|
|28 May 2018||Pay fringe benefits tax annual return.|
|5 June 2018||Lodge tax returns for entities with a due date of 15 May 2018 who were non-taxable or received a credit assessment in both the latest year lodged and the current year.
Lodge tax returns for individuals and trusts with a due date of 15 May 2018 provided they pay any liability due by this date.
|21 June 2018||Lodge and pay May 2018 monthly activity statement.|
|30 June 2018||Super guarantee contributions must be paid by this date to qualify for a tax deduction in the 2017/18 financial year.|