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Retained

  • Statutory Tax Rate 35
  • Surtax Based on Taxable Income 0
  • Surtax Based on Statutory Tax 0
  • Surtax Deductible from Taxable Income 0
  • Statutory Tax Deductable 0
  • Effective Tax Rate 35

Statutory Tax Rate

The taxable income of a resident company is subject to tax at the following progressive rates:

  • up to AUD 25,000 - 20%
  • AUD 25,000 to AUD 50,000 - 30%
  • more than AUD 50,000 - 35%

For non-residents, a standard rate of 30% applies.