What is your taxable income?

Tax liability
0	to	14000	10.5%	1,470
14001	to	48000	17.5%	5,950
48001	to	70000	30.0%	6,600
70001	to	and above	33.0%	3,300
Total				17,320
Composite Tax Rate				21.65 %

What is your taxable business income?
Tax rate		28%
2024/2025 Tax Years tax liability:		$28,000.00

What is your taxable trust income?
Tax rate		33%
2024/2025 Tax Years tax liability:		$33,000.00