Luke sayers salary
Luke sayers salary

Luke sayers salary | PwC claimed that its partners paid an average tax rate of 37 percent and that the firm was “a big contributor to Australia’s economy and tax system.” The rate is just below the average tax rate of 39 percent for Australians with a Net Worth of $180,000 per year, but it is higher than the 30 percent company tax rate.

Luke sayers salary: $180,000 per year

Mr. Sayers stated, “We take our fiscal affairs extremely seriously and have solid regulations and processes in place for our partners in terms of tax compliance.” The declaration of the partner’s tax rate is consistent with or more than the average of the top four PwC consultancies in Deloitte, EY, and KPMG, according to a report from the tax office on how son partners at the four major consulting firms lowered their taxes.

KPMG stated that its partners paid between 35% and 37% of the average tax rate, whilst EY stated that their average tax rate was 35% or higher. Deloitte’s partners have previously stated that their typical tax rate exceeds 30%.

Luke sayers salary
Luke sayers salary

The profits earned by a partnership are not taxed. Instead, profits are divided among partners, who then pay the ATO tax as individuals. “We consider ourselves to be uniquely positioned in Australia since no other professional services firm has the breadth and size that we do.”