Tax Rates 2024 Australia Pdf. 32.5% tax rate will be reduced to 30%. From 1 july 2024, several changes in individual income tax rates will take effect:
(1) if all outstanding tax returns are lodged prior to 31 october 2024, the lodgment due date should revert back to normal. Around 830,000 returns have been received since 1 july 2024 and the safety net has now been lifted with tax returns processing as expected.
