Tax Rate 2024-25
These rates apply to individuals who are Australian residents for tax purposes.
he below rates :
Do not include the Medicare levy
Taxable income |
Tax on this income |
---|---|
0 – $18,200 |
Nil |
$18,201 – $45,000 |
16c for each $1 over $18,200 |
$45,001 – $135,000 |
$4,288 plus 30c for each $1 over $45,000 |
$135,001 – $190,000 |
$31,288 plus 37c for each $1 over $135,000 |
$190,001 and over |
$51,638 plus 45c for each $1 over $190,000 |
More Resources
Good practice checklist for small business and individuals.
2024 Tax Return ChecklistsBelow are some useful industry bodies to assist you…
Financial Review
http://www.afr.com/
A look into today’s market and up to date trending.
Australian Business Register
https://abr.gov.au/
A comprehensive view on complying with Government Legislation for Companies and Individuals.
Australian Taxation Office
https://www.ato.gov.au/
Comprehensive information on tax and compliance with helpful tools for businesses and individuals.
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