Email: temora@auswildbroad.com.au | Phone: (02) 6978 0077 |
The revised stage 3 tax cuts have passed Parliament and will come into effect on 1 July 2024.
Before the new tax rates come into effect, check any salary sacrifice agreements to ensure that they will continue to produce the result you are after.
Resident individuals
Tax rate
2023-24
2024-25
0%
$0 – $18,200
16%
$18,201 – $45,000
19%
30%
$45,001 – $135,000
32.5%
$45,001 – $120,000
37%
$120,001 – $180,000
$135,001 – $190,000
45%
>$180,000
>$190,000
Agree to subscribe terms!