Employment Tax comparison.

Employment Tax comparison Australia, USA and UK.

The following employment income deduction percentages include the Income Tax and combined employee/employer Social Security contributions.

Tax Wedge in 2021.

  • 2021: 27.1% Australia
  • 2021: 28.4% USA
  • 2021: 31.3% UK
  • 2021: 34.6% OECD average.

Tax Wedge in 2000.

  • 2000: 31.0% Australia
  • 2000: 30.8% USA
Read the rest

Unpaid Wages: Luke’s Bakery, Reservoir, Melbourne

Legal action against Luke’s Bakery in Melbourne.

The Fair Work Ombudsman has commenced legal action against the former operators of a Vietnamese bakery in Melbourne.

Facing court are VUF Investments Pty Ltd, which formerly operated ‘Luke’s Bakery’ in Reservoir, and its sole director, Hoang Long Vu.

The regulator began an … Read the rest

Unpaid Wages: HCM Café Fresh Q Lunch.

Legal action against take-away food outlet in Melbourne.

29 September 2022.

The Fair Work Ombudsman has commenced legal action against the operators of a take-away food outlet in Melbourne.

Facing court are The Carers Portland Inc, which operates ‘HCM Café Fresh Q Lunch’ based at Dandenong South, and its secretary, … Read the rest

Poverty Line Australia 2022

What is Australia’s Poverty Line in 2022.

According to the Melbourne Institute, Applied Economic & Social Research report in March 2022, the poverty lines, including
Housing Costs, in Australian Dollars per week, are:

Poverty Line: Unemployed.

  • Single person: $495.66.
  • Couple: $702.09.

Poverty Line: Working.

  • Single person: $611.27.
  • Couple: $817.71.

All … Read the rest

JobSeeker from September 2022

JobSeeker payment rates from 20 September 2022.

JobSeeker is the Australian Unemployment benefit payment and is paid every two weeks, to eligible applicants.

JobSeeker will increase on 20 September 2022.

Single rate:  $668.40, an increase of $25.70 per fortnight from $642.70.

Partnered rate: $608.70, an increase of $23.40 from $585.30… Read the rest

Increase in Age Pensioners Income Credit

A new $4,000 income credit for working age pensioners has been announced, to come into effect in December 2022.

But, it is temporary until June 2023.

Under current rules, an Aged Pensioner can earn $7,800 a year before their pension is reduced.

The increase in the income credit, to be … Read the rest

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