OVERVIEW
For the 2010-11
income year:
- 12.6
million individuals lodged income tax returns, an increase of around 258,000
from 2009–10
- individuals
declared total income of $662.0 billion, an increase of 9.3% over
2009–10. This included $499.3 billion in salary and wages
- individuals
claimed $31.5 billion in total deductions, an increase of 6.0% from
2009–10. This included $18.3 billion in work-related expenses
- individuals
had taxable income of $631.3 billion, an increase of 9.3% over
2009–10, and net tax payable of $133.1 billion
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