from employment. With effect from 1 APRIL 1984 a husband and his wife may elect to be separately charged to Salaries Tax but such an election does not affect the total amount of tax payable.
7. EXPENSES AND. DEDUCTIONS
Those which may be allowed against income in arriving at a Salaries Tax assessment are as follows:
Expenses wholly, exclusively and necessarily incurred in the production of the income, not being expenses of a capital, private, or domestic nature.
Donations, totalling not less than $100,
$100, paid to approved charities, the maximum allowable deduction being 10% of the income after allowable expenses.
Depreciation allowances for capital expenditure on machinery or plant the use of which is essential to produce the income.
8. ALLOWANCES FOR 1988/89 and 1989/90
Personal Allowances
1988/89
1989/90
For the taxpayer
$29,000
$32,000
For the taxpayer's wife
31,000
34,000
For the FIRST child
12,000
13,000
For the SECOND child
8,500
9,000
For the THIRD child
3,000
3,000
For the FOURTH to SIXTH child
2,000 each
2,000 each
For the SEVENTH to NINTH child
1,000 each
1,000 each
Additional Allowance*
Single Taxpayer
Married Taxpayer
7,000 14,000
7,000 14,000
Dependent Parent Allowance
10,000 each
11,000 each
Additional Dependent Parent Allowance
3,000 each
3,000 each
Working Wife Allowance**
15,000
15,000
Single Parent Allowance
20,000
Subject to 10% Clawback see paragraph 9
Restricted to the actual amount of wife's net assessable income or $15,000 whichever is the less.
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