If you earn less than $18,201 you won’t normally be subject to paying income tax. The first $18,200 you earn will not be taxed. Tax rates also do not include the 2% levy for Medicare, which is paid by most Australian taxpayers.  Different Wherever you live in the world we can all safely agree that filing and paying tax is one of the least favourite jobs to sort out! A lot hinges on the forms being submitted correctly and on time, otherwise, you could face serious penalties. Even if your tax returns are relatively straight forward, such consequences can make the whole process feel very stressful. An accountant will prepare and file your tax return, as well as helping you to plan for paying your tax bill. They help businesses of all sizes from startups to global corporations, making it an incredibly universal service.