Tax Rates 2024-25 Australia Tax Rates. Changes to individual income tax rates and thresholds from 1 july 2024. The threshold above which the 37% tax rate applies increases from $120,000 to $135,000.


Tax Rates 2024-25 Australia Tax Rates

Reduce the 19 per cent tax rate to 16. For most taxpayers, this means you will pay less tax each payday and keep more.

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