Income tax can seem like a minefield sometimes and trying to understand how your wages and salary are calculated can be very frustrating. Most people accept the need to pay taxes and can see the social benefits of a system that pools collective funds. Acceptance and support is great but what we all want to know is 'am I paying too much tax?'.
The following guides are provided to support a clearer understanding of tax allowances and calculations and include links to relevant ATO information and supporting tax calculators that allow you to calculate your income tax for a specific period.