tax cut calculator
Annual income: 67000
October 2008
Tax cut (p.a.) = 1280Tax cut (per week) = 24.62
Old tax = 17400
New tax = 16120
Average tax rate (old) = 26%
Average tax rate (new) = 24.1%
April 2010
Tax cut (p.a.) = 1577.5Tax cut (per week) = 30.34
Old tax = 17400
New tax = 15822.5
Average tax rate (old) = 26%
Average tax rate (new) = 23.6%
April 2011
Tax cut (p.a.) = 2090Tax cut (per week) = 40.19
Old tax = 17400
New tax = 15310
Average tax rate (old) = 26%
Average tax rate (new) = 22.9%
