I don't think anyone pays 5%, practical limit would be ~3% (2% levy, and ~1% for... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		shushpanchik 28 days ago \| parent \| context \| favorite \| on: My dad could still be alive, but he's not I don't think anyone pays 5%, practical limit would be ~3% (2% levy, and ~1% for cheapest private insurance to be exempted from levy surcharge)

scorpioxy 28 days ago [–]

I am not confident enough to say that someone in Australia does or doesn't pay the 5%. I can ask the ATO but otherwise can't know. I am stating the range of how much it is.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact