Australian Tax Brackets 2024 25. Find out the latest changes to individual income tax rates and thresholds from 1 july 2024, announced by the government on 25 january 2024. Find out how much less tax you will pay from july 1, 2024, with the new stage 3 tax cuts.

The albanese government will reduce the 19 and 32.5 per cent tax rates and increase the thresholds for the 37 and 45 per cent rates from july 1, 2024. Find out the latest changes to individual income tax rates and thresholds from 1 july 2024, announced by the government on 25 january 2024.