Australia /
Any Polish people living in Australia [32]
Its a easy question to answer, but very hard to explain if you get the drift, Like all other things, there are two things certain in life, death and taxes.
The method is similar to that in the US, for a wage and salary earner, tax is taken out at the required rate by the employer, which is,
Taxable income
tax on this income
$0 – $6,000
Nil
$6,001 – $25,000
15c for each $1 over $6,000
$25,001 – $75,000
$2,850 plus 30c for each $1 over $25,000
$75,001 – $150,000
$17,850 plus 40c for each $1 over $75,000
Over $150,000
$47,850 plus 45c for each $1 over $150,000
ato.gov.au
When you live in the family home, you only pay the relevant council rates, (this includes garbage, parks and garden maintenance etc.. (approx $1000 on a average size property)
Capital gains. there is a sliding scale, you pay tax on the gain minus allowable deductions.
Buying stores well a bit complicated, we have a 10% GST on goods that meet the umbrella of the GST.
When you buy a property in Victoria ( a state of oz) you have to pay a tax ie, a average property worth approx 350,000A$ a tax of 26,000A$. (each state has different rules)
In short there are Federal government taxes, States taxes and local Goverment fees, I can only predict that the same type of fees and charges will hit Poland especially regarding profit from investments and local government charges.
I quess Krysia, if we had no money we wouldn't be complaining?
