💵 Individual Australian tax rate given an income for FY2018-2019.
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Taxable income | Tax on this income |
---|---|
0 – $18,200 | Nil |
$18,201 – $37,000 | 19c for each $1 over $18,200 |
$37,001 – $90,000 | $3,572 plus 32.5c for each $1 over $37,000 |
$90,001 – $180,000 | $20,797 plus 37c for each $1 over $90,000 |
$180,001 and over | $54,097 plus 45c for each $1 over $180,000 |
These tax rates are calculated by the Australian Taxation Office (ATO)..
npm i au-tax-calc
The output will be a number rounded to two decimal places.
const calculateTax = require( 'au-tax-calc' );
calculateTax( 43565 );
// 5705.63
npm test
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