The amount of tax a person pays varies according to the amount of money a person earns. This post will explain calculating tax based on a person’s income in Australia in Prelim Standard Math.
Navigating Australia’s Tax System Including Medicare Levies
The video below explains how you will be able to input your answers into a table and plot onto a graph.
How to Calculate Tax and Medicare Levies Based on Taxable Income
The following video explains how to determine tax based on income.
How to Calculate a Tax Return and PAYG Tax
The following video will explain how to calculate a return and how Pay As You Go works.
Want to learn more? Check out more of our Preliminary Standard Maths resources here!