In Australia, it is used so called "progressive tax system" meaning each income bracket is taxed at different rate. Usually the more income you earn in the particular bracket, the more you are taxed.
In short:
In short:
The real thing is how you know the right tax to pay? We have here the example for you:
Therefore you now can apply to your own situation:
If also your employer has withheld $8000 on your behalf and sent to ATO, you will then be able to request a refund of $3,047 ($11,047-$8,000)
Resource: MoneySmart.gov.au
If also your employer has withheld $8000 on your behalf and sent to ATO, you will then be able to request a refund of $3,047 ($11,047-$8,000)
Resource: MoneySmart.gov.au