Income tax payable as a function of SAPTO
income_tax_sapto(income, fy.year = NULL, age = 42, family_status = "individual", n_dependants = 0L, return.mode = c("numeric", "integer"), .dots.ATO = NULL, allow.forecasts = FALSE, sapto.eligible, medicare.sapto.eligible, new_sapto_tbl = NULL)
| income | The individual assessable income. |
|---|---|
| fy.year | The financial year in which the income was earned. Only tax years from 2000-01 to 2016-17 are available. If fy.year is not given, the current financial year is used by default. |
| age | The individual's age. |
| family_status | For Medicare and SAPTO purposes. |
| n_dependants | An integer for the number of children of the taxpayer (for the purposes of the Medicare levy). |
| return.mode | The mode (numeric or integer) of the returned vector. |
| .dots.ATO | A data.frame that contains additional information about the individual's circumstances, with columns the same as in the ATO sample files. If |
| allow.forecasts | should dates beyond 2016-17 be permitted? Currently, not permitted. |
| sapto.eligible | Specify explicitly the eligibility for SAPTO. If missing, defaults to ages over 65. |
| medicare.sapto.eligible | Specify explicitly the eligibility for SAPTO with respect to the Medicare levy for low-income earners. If missing, defaults to ages over 65. |
| new_sapto_tbl | If not |
Used to cost simple changes to SAPTO.