Company Rates of Tax 2008-09

 

 

Companies are typically taxed at a standard rate of 30%.

 

 

 

General company tax rates

Description Rate %
Private companies (except life companies) 30
Public companies (except life companies and registered organisations) 30
Corporate Unit Trusts 30
Corporate Limited Partnerships 30
Public Trading Trusts 30
Strata Title Bodies Corporate 30

 

 

Non-profit company tax rates

Taxable Income Rate %
0 – 416 Nil
417 – 915 55% of excess over $416
916+ 30% of the entire amount

This information is for guidance only and is not intended as specific advice to any reader. Professional advice should be obtained before acting on any information contained herein. The publisher accepts no responsibility for loss occasioned to any person or organisation as a result of action or the refrain of action as a consequence of the contents of this publication.