Joe Salvati
posted this on December 03, 2011 02:50 pm
The annual tax-free threshold is $6,000. This means that, unless your employees’ circumstances are different from the majority, the first $6,000 of his/her yearly income is not taxed.
To be eligible, the employee needs to claim the tax-free threshold in his/ her TFN declaration.
For more info, check out the ATO website.