Working Australians are present typically paying much than $18,000 a twelvemonth successful income taxes - with authorities gross rising astatine a overmuch faster gait than colonisation growth.
During the 2022-23 fiscal year, Prime Minister Anthony Albanese's authorities collected $278.39billion from idiosyncratic income taxes.
This made up 45 per cent of the Commonwealth's $618.227billion successful revenue.
The 14.9 per cent yearly emergence was overmuch steeper than the 2.4 per cent colonisation maturation arsenic wages maturation boosted taxation collections, caller Australian Bureau of Statistics information released connected Tuesday revealed.
With Australia location to 15.13million taxpayers, that near an mean income taxation measure of $18,395.
Working Australians are present typically paying much than $18,000 a twelvemonth successful income taxes - with authorities gross rising astatine a overmuch faster gait than colonisation growth
But that was acold from the lone taxation connected individuals, with gross from the wellness security levy rising by 10.2 per cent to $22.273billion.
Another $4.147billion was collected from fringe benefits taxes connected things similar a institution car.
All up, taxes levied connected individuals added up to $304.811billion - oregon 49 per cent of the national government's full taxation collections.
The 10 per cent Goods and Services Tax raised different $86.274billion - oregon 14 per cent of taxation collections.
Companies paid $154.883billion successful taxation - oregon a 4th of Commonwealth revenue.
Treasury's Intergenerational Report successful August warned Australians would wage much successful idiosyncratic income taxes unless higher migration produced much working-age taxpayers to offset the ageing population.
'As the colonisation ages, the idiosyncratic income taxation basal is projected to proceed to constrictive successful enactment with the projected diminution successful workforce participation,' it said.
During the 2022-23 fiscal year, Prime Minister Anthony Albanese's authorities collected $278.39billion from idiosyncratic income taxes - a 14.9 per cent rise
'In the lack of argumentation change, projections amusement expanding reliance connected idiosyncratic income tax.
'Taxpayers person declined arsenic a stock of the full colonisation since peaking successful 2005–06 contempt a akin employment-to-population ratio.'
Treasury is inactive expecting idiosyncratic income taxation receipts to turn from 12 per cent of gross home merchandise successful 2022-23 to a spot supra 14 per cent by 2062-63.
Only 12 per cent of Australians aged 70 and implicit wage income tax, with this radical present making up 12.2 per cent of the full population.
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