According to the Australian Financial Review, Australia has the second-highest personal income and business profits tax rate combined out of 34 of the world's leading economies.

In Australia, the highest personal marginal tax rate is 45% (excluding the Medicare Levy). Therefore, for those employees, $45 from every $100 earned over $180,000 will be paid to the Australian Taxation Office (ATO) in tax.

There are legitimate and legal ways for you to reduce the amount of income tax payable to the Australian Taxation Office. Our role is to understand tax law and keep as much of your hard-earned money in your pocket!