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- Income_tax_in_Australia abstract "Income tax in Australia is the most important revenue stream within the Australian taxation system. Income tax is levied upon three sources of income for individual taxpayers: personal earnings (such as salary and wages), business income and capital gains. Collectively these three sources of income tax account for 67% of federal government revenue and 55% of total revenue across the three tiers of government.[citation needed]Income received by individuals is taxed at progressive rates, while income derived by companies is taxed at a flat rate of 30%. Generally, capital gains are only subject to tax at the time the gain is realised. Income tax is collected by the Australian Taxation Office for the Government of Australia. In Australia the financial year runs from 1 July to 30 June of the following year. Income tax is applied to the taxable income of a taxable entity. Taxable income is calculated, in a broad sense, by applying allowable deductions against the income of a taxable entity.".
- Income_tax_in_Australia wikiPageExternalLink 73969.htm.
- Income_tax_in_Australia wikiPageID "3215189".
- Income_tax_in_Australia wikiPageRevisionID "602070201".
- Income_tax_in_Australia hasPhotoCollection Income_tax_in_Australia.
- Income_tax_in_Australia subject Category:Income_taxes.
- Income_tax_in_Australia subject Category:Taxation_in_Australia.
- Income_tax_in_Australia type Abstraction100002137.
- Income_tax_in_Australia type Charge113400798.
- Income_tax_in_Australia type IncomeTax113310230.
- Income_tax_in_Australia type IncomeTaxes.
- Income_tax_in_Australia type Levy113308864.
- Income_tax_in_Australia type Liabilities113396054.
- Income_tax_in_Australia type Possession100032613.
- Income_tax_in_Australia type Relation100031921.
- Income_tax_in_Australia type Tax113308999.
- Income_tax_in_Australia comment "Income tax in Australia is the most important revenue stream within the Australian taxation system. Income tax is levied upon three sources of income for individual taxpayers: personal earnings (such as salary and wages), business income and capital gains.".
- Income_tax_in_Australia label "Einkommensteuer (Australien)".
- Income_tax_in_Australia label "Income tax in Australia".
- Income_tax_in_Australia sameAs Einkommensteuer_(Australien).
- Income_tax_in_Australia sameAs m.011b80mt.
- Income_tax_in_Australia sameAs Q1308185.
- Income_tax_in_Australia sameAs Q1308185.
- Income_tax_in_Australia sameAs Income_tax_in_Australia.
- Income_tax_in_Australia wasDerivedFrom Income_tax_in_Australia?oldid=602070201.
- Income_tax_in_Australia isPrimaryTopicOf Income_tax_in_Australia.