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taxation

Cytech Intersearch employs Griffiths Forrest & Greer for all accounting services. The partners of Griffiths Forrest & Greer bring together a combined experience of over 100 years. Griffiths Forrest & Greer provides services covering a wide spectrum of Income Tax Planning, Goods & Services Tax, Financial Accounting, Management Accounting, Auditing, Finance Services and Financial Planning. All matters undertaken by Griffiths Forrest & Greer are attended to promptly and confidentiality of information is assured.

Resident Adult Tax Rates as from 1st July 2004 for the 2004/2005 year are:

 Taxable Income  Tax Payable
 0-6,000  Nil
 6,001-21,600  17 cents for each $1 in excess of $6000
 21,601-58,000  $2,652 + 30 cents for each $1 in excess of $21,600
 58,001-70,000  $13,572 + 42 cents for each $1 in excess of $58,000
 70,001+  $18,612 + 47 cents for each $1 in excess of $70,000

Resident Adult Tax Rates as from 1st July 2005 for the 2005/2006 year are:

 Taxable Income  Tax Payable
 0-6,000  Nil
 6,001-21,600  29 cents for each $1 in excess of $6000
 21,601-63,000  $6,264 + 30 cents for each $1 in excess of $21,600
 63,001-80,000  $18,684 + 42 cents for each $1 in excess of $63,000
 80,001+  $25,824 + 47 cents for each $1 in excess of $80,000

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