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Originally Posted by Golden Teapot
The tax rate is higher for those on hot salaries isn't it?
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It is a bit higher in each bracket, yes (averages around 3% higher in each bracket). The highest tax bracket is $180k and over, not $70k and over as in NZ (according to IRD page). I have yet to reach such lofty heights and am thus unaffected by that top rate. Obviously this won't apply to everyone, but when I left NZ, it was to accept a role that literally doubled my salary, so the additional tax was negligible.
https://www.ato.gov.au/Rates/Individ...ome-tax-rates/