Taxing Wages provides unique information on income tax paid and social security contributions levied on an average worker and their employers in OECD countries. In addition, this annual publication specifies family benefits paid as cash transfers. Amounts of taxes and benefits are detailed program by program, for eight household types which differ by income level and household composition. For each country, a detailed description of the tax regime is provided. This year's issue includes a Special feature entitled "Broadening the Definition of the Average Worker".
- Publication Date :
- 09 Mar 2005
- DOI :
Australia (2004-2005 Income Tax Year)
- Pages :
- DOI :
Show Abstract /
- the share of income tax in gross wage earnings;
- the share of employees’ social security contributions in gross wage earnings;
- the share of income tax and employees’ social security contributions minus benefits in gross wage earnings; and
- the share of income tax and all social security contributions minus benefits in gross labour costs. Marginal tax rates (line 15) are calculated similarly as:
- the increase in income tax and employees’ contributions minus benefits as a share of the related increase in gross wage earnings (both for the principal earner and the spouse); and
- the increase in tax and all social security contributions minus benefits as a share of the related increase in gross labour costs (both for the principal earner and the spouse).