Overview of Companies Income Tax
What is the current tax rate for companies?
The general company tax rate for the 2008–09 income year is 30%. This rate is applied equally to all the taxable income of a company – unlike individuals, companies do not have marginal tax rates or tax-free thresholds.
Employees of a company (which usually include the owner or director) must include any wages or salary from the company in their personal tax return.
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