How much tax you should withdraw from employee pay?

It is always a question for most of business owners. To help you with this ATO issues 4 types of tax tables every year. ATO provides these tax tables based on Individual Tax Rates for the year.

Here’re tax tables for FY 2015-16:

• Weekly Tax Table for FY 2015-16

• Fortnightly Tax Table for FY 2015-16

• Monthly tax table for FY 2015-16

• Tax table for daily and casual workers for FY 2015-16