2025 Tax Brackets Australia Single
2025 Tax Brackets Australia Single. Here are some tables setting out the current rates for 2023/24 and 2025/25 and also what that means in terms of tax payable. Discover the australia tax tables for 2025, including tax rates and income thresholds.
From july 1 2025, the 37 per cent marginal tax rate was to be abolished for those earning more than $120,000 a year, and the 32.5 per cent tax rate was to be reduced to 30 per cent for. Also calculates your low income tax offset, help, sapto, and medicare levy.