Section Sch1-1-dup2 — Income Tax Act 2007: Amount of tax for section RD 67(a)

1 Amount of tax for section RD 67(a) For the purposes of section RD 67(a) , the amount of tax is determined by applying the relevant rate given by table 1 to each dollar of an employer’s superannuation contribution. Table 1 Row ESCT rate threshold amount Tax rate 1 $0 – $16,800 0.105 2 $16,801 – $57,600 0.175 3 $57,601 – $84,000 0.300 4 $84,001 upwards 0.330 How to use this table: Find the range in the second column for the last dollar of the ESCT rate threshold amount, and apply the relevant rate in the third column. Schedule 1 part D clause 1 heading: amended, on 1 April 2012, by section 136(4) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63). Schedule 1 part D clause 1: amended, on 1 April 2012, by section 136(5) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63). Schedule 1 part D clause 1: amended, on 1 April 2012, by section 14(b) of the Taxation (Annual Rates and Budget Measures) Act 2011 (2011 No 23). Schedule 1 part D table 1: substituted, on 1 October 2010, by section 31 of the Taxation (Budget Measures) Act 2010 (2010 No 27). Schedule 1 part D table 1: amended, on 1 April 2012, by section 14(c) of the Taxation (Annual Rates and Budget Measures) Act 2011 (2011 No 23).