Australian Tax Rates 2024-25

Australian Tax Rates 2024-25. To learn more about the nature of the tax cuts and the preceding history go here. These changes are now law.

The government has legislated permanent tax cuts for all 13.6 million australian taxpayers from 1 july 2024 with the average annual tax cut being $1,888 (or $36 a week). All income received by individuals is taxed at progressive tax rates in australia.