How much does a banana bread sandwich cost?
More than a million Australians may have to choose between buying a banana muffin or a sandwich.
The Australian Taxation Office has published a report on how much it costs to buy a banana sandwich and what the average tax rate is for the country.
The report said the average cost of buying a sandwich is $2.19, and that the average income for Australians in Australia is $28,500.
A banana sandwich can cost up to $1.50 in the Northern Territory, where the average is $3.20.
“In some regions, the average price of a banana is about half of that of a bread and circues,” the report said.
“For example, the price of bananas in the Territory of Alice Springs is about $1.”
Taxman says a banana has the same value as a loaf of bread, and the banana is considered the same as a bread loaf.
“It’s the same for a sandwich, as it is for a bread, but the bread is cheaper,” the Taxman said.
What’s the average banana price?
The average price for a banana in the NT is $1,000.
The average cost for a loaf is $5.50.
The cost of a sandwich in the ACT is $4.30.
What are the average wages for people in the state?
The ACT average wage is $40,080.
The NSW average wage for a full-time worker is $53,200.
The Northern Territory average wage in 2017 was $37,838.
In Victoria, the median wage is just $39,000 a year.
What happens if I buy a loaf or a muffin and then get the sandwich?
You will need to pay tax on the full price of the sandwich and muffin, and there will be a minimum tax of 20 per cent.
What if I’m on a student holiday and I want a banana?
If you have an employer-sponsored holiday and you don’t pay tax, the employee is entitled to claim a discount on the cost of the item and a refund of the difference, if the difference is less than the total tax paid.
The tax code also allows employees to claim refunds of tax paid on accommodation.
What do the other states have?
Some states have an exemption for people who are self-employed.
The exemption applies to workers who are paid by a trade or business that they own or control and are not self-employees.
Some states don’t have an exempt business, but do have exemptions for small businesses, and some state governments allow people to take their own savings for tax purposes.
Tax authorities in some states have a general business tax exemption.
How does the exemption work?
The exemption allows you to take the cost or value of the goods you buy and put it into a taxable account.
If you pay no tax on these goods, the tax does not apply.
However, if you take the value of goods and the value is more than $1 you will have to pay a penalty.
There is also a small business tax deduction available for people.
Where can I find more information about the tax system?
The Taxation office has a range of information and resources available on its website.