Tax Rates 2024 2024 Australia. For example, let’s say you earn $50,000. $40,500 plus 37c for each $1 over.

The 2018 budget announced a number of adjustments to the personal tax rates taking effect in the tax years from 1 july 2018 through to 1 july 2024. Maximum rates to be increased by 10% from 20 september 2024.