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How Tax Works

She's On The Money

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The Tax Rates for the 2021 and 2022 Financial Year

The tax rates for the 2021 and 2022 year, which you would have just submitted last year, are actually the same. So that is what we're talking about today. If you've already earned more than $18,200, don't tick that box because you're going to end up having to pay that tax back when tax time comes. And so that's a good segue, I suppose. Let's go through what those marginal tax rates look like.

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