% CHANGES TO NET INCOME-SINGLE SELF EMPLOYED
07
Dec, 2010
Self employed single people who have relatively low earnings have been hit hard by the Budget. However high earners have got off lightly with the increased tax take reducing the higher the earnings!
| Gross income | Total change | Change as % | ||||
| pa | of Net income | |||||
| 10,000 | – 480 | -5.3% | ||||
| 15,000 | – 729 | -5.8% | ||||
| 25,000 | – 999 | -5.2% | ||||
| 35,000 | – 220 | -0.9% | ||||
| 45,000 | – 1,155 | -3.8% | ||||
| 55,000 | – 1,355 | -3.9% | ||||
| 75,000 | – 1,755 | -4.0% | ||||
| 100,000 | – 1,506 | -2.7% | ||||
| 125,000 | – 1,256 | -1.9% | ||||
| 150,000 | – 1,006 | -1.3% | ||||
| 175,000 | – 755 | -0.9% | ||||
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