The Baron Files podcast
Region: AU
Sunday 30 August 2026 03:16:18 GMT
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c.gk94 :
After 180k you are taxed 47c on the dollar so $810,000 of your million will be taxed at 47% that’s $385k PLUS the tax from everything under 180. So it’s not wrong.
2026-08-30 10:57:00
5
Cz52765 :
Company or individual tax?
2026-08-30 16:13:14
0
LWS :
If you’re earning 1m and paying 400k in tax you need a new accountant
2026-08-30 11:38:24
2
butler :
It is correct
2026-08-30 03:36:36
8
Dsin Wyae🦘🇦🇺 :
Dont forget business expenses you'll get that down much more
2026-08-30 16:03:39
0
Glenno0 :
Yeh that’s about 45% as they said tho that’s uked.
2026-08-30 04:29:21
5
riz :
FY26 you would take home 583k so yeah correct
2026-08-30 06:36:22
2
mitchyseats :
Roughly 436,138k in tax! That’s pretty much half lol
2026-08-31 07:43:51
0
Dontsufferfools :
It's correct
2026-08-30 09:16:43
0
Simon Morelli :
correct,the brackets only go to 180... so the discount on the first sub 180 doesn't really touch the sides on 500 hence, may as well just call it half.
2026-08-30 04:29:51
1
SafeLeigh :
Time for a new accountant.
2026-08-30 13:21:22
0
liry :
hes right. its up there... 420k tax...
2026-08-30 12:34:15
0
nugzy86 :
You pay an extra 15% once get over 250k
2026-08-30 11:23:16
1
The_Champ :
No he’s right
2026-08-30 12:42:43
0
Thunder :
Nothing better then a good inventive starting a business knowing you work for the ATO
2026-09-04 07:33:36
0
Ricky Bobby :
you keep more like 33% when you consider gst, all the other shitty non-income taxes, currency debasement (~7% pa)... its a shitshow
2026-08-31 13:08:07
0
Mathew Wilson :
These are adults btw 🤦🏻♂️
2026-08-30 08:04:35
1
Jayden Mansell :
😳😳😳
2026-08-30 13:40:54
0
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