FUNCTION_DESCRIPTION
System(
yr,
ordinary_tax_thresholds = NULL,
ordinary_tax_rates = NULL,
medicare_levy_taper = NULL,
medicare_levy_rate = NULL,
medicare_levy_lower_threshold = NULL,
medicare_levy_lower_sapto_threshold = NULL,
medicare_levy_lower_family_threshold = NULL,
medicare_levy_lower_family_sapto_threshold = NULL,
medicare_levy_lower_up_for_each_child = NULL,
medicare_levy_upper_sapto_threshold = NULL,
medicare_levy_upper_family_threshold = NULL,
medicare_levy_upper_family_sapto_threshold = NULL,
medicare_levy_upper_threshold = NULL,
Offsets = NULL,
sapto_max_offset = NULL,
sapto_lower_threshold = NULL,
sapto_taper = NULL,
sapto_max_offset_married = NULL,
sapto_lower_threshold_married = NULL,
sapto_taper_married = NULL,
sapto_max_offset_illness = NULL,
sapto_lower_threshold_illness = NULL,
sapto_pension_age = NULL,
fix = 0L
)integer(1) A year.
A numeric vector specifying the lower bounds of the brackets for "ordinary tax" as defined by the Regulations. The first element should be zero if there is a tax-free threshold.
The marginal rates of ordinary tax. The first element should be zero if there is a tax-free threshold. Since the temporary budget repair levy was imposed on a discrete tax bracket when it applied, it is not included in this function.
The taper that applies between the _lower and _upper thresholds.
The ordinary rate of the Medicare levy for taxable incomes above medicare_levy_upper_threshold.
Minimum taxable income at which the Medicare levy will be applied.
The equivalent values for SAPTO-eligible individuals (not families).
The equivalent values for families.
The equivalent values for SAPTO-eligible individuals in a family.
The amount to add to the _family_thresholds for each dependant child.
Minimum taxable income at which the Medicare levy will be applied at the full Medicare levy rate (2% in 2015-16). Between this threshold and the medicare_levy_lower_threshold, a tapered rate applies, starting from zero and climbing to medicare_levy_rate.
List of offsets created by set_offsets.
The maximum offset available through SAPTO.
The threshold at which SAPTO begins to reduce (from sapto_max_offset).
The taper rate beyond sapto_lower_threshold.
As above, but applied to members of a couple.
The age at and above which the SAPTO is to apply.
integer(1) If 0L, the default, an error will be emitted if
parameters are inconsistent; if 1L, inconsistencies will be fixed.
A list describing a tax system