New tax thresholds
Table with 3 columns and 5 rows.
Tax rate
Current threshold
New threshold
10.5%
Less than $14,000
Less than $15,600
17.5%
$14,001 to $48,000
$15,601 to $53,500
30.0%
$48,001 to $70,000
$53,501 to $78,100
33.0%
$70,001 to $180,000
$78,101 to $180,000
39.0%
More than 180,000
More than $180,000