australian-tax-rate

1.0.0 • Public • Published

australian-tax-rate

return tax rate based on annual income

usage:

  npm install australian-tax-rate
var taxRate = require('australian-tax-rate');
//...
var pay = gross*(1 - taxRate(gross));

This is what ATO says about personal tax:

Taxable income Tax on this income
0 – $18,200 Nil
$18,201 – $37,000 19c for each $1 over $18,200
$37,001 – $80,000 $3,572 plus 32.5c for each $1 over $37,000
$80,001 – $180,000 $17,547 plus 37c for each $1 over $80,000
$180,001 and over $54,547 plus 45c for each $1 over $180,000

Above as graphs:

tax-rate

net-pay-vs-gross

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Install

npm i australian-tax-rate

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1

Version

1.0.0

License

MIT

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Collaborators

  • sidorares