Chargeable Income Rate (%) Gross Tax Payable ($)
First $20,000
Next $10,000 0
3.50 0
350
First $30,000
Next $10,000 -
5.50 350
550
First $40,000
Next $40,000 -
8.50 900
3 400
First $80,000
Next $80,000 -
14 4 300
11 200
First $160,000
Next $160,000 -
17 15 500
27 200
First $320,000
Above $320,000 -
20 42 700