How the stage three tax cuts impact you directly
Table with 3 columns and 6 rows.
Taxable income
Current tax rate
Tax rate after stage three cuts
$18,200 or less
0 per cent
0 per cent
$18,201 - $45,000
19 per cent
19 per cent
$45,001 - $120,000
32.5 per cent
30 per cent
$120,001 - $180,000
37 per cent
30 per cent
$180,001 - $200,000
45 per cent
30 per cent
$200,001+
45 per cent
45 per cent