💵 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 = ;;// 5705.63
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