Tax Brackets 2024/25 Australia

Tax Brackets 2024/25 Australia. To learn more about the nature of the tax cuts and the preceding history go here. Also calculates your low income tax offset, help, sapto, and medicare levy.


Tax Brackets 2024/25 Australia

The proposed tax cuts reduce the 19% tax rate to 16%, reduce the 32.5% tax rate to 30%, increase the threshold for the 37% tax rate from $120,000 to $135,000,. Here are the new 2024/25 rates.

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