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02 Individuals’ tax

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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