New Tax Rate 2024-25. April 6 2024 marked the start of the new 2024/25 tax year, when various changes came into effect that could have an impact on your finances. On 25 january 2024, the government announced changes to individual income tax rates and thresholds from 1 july 2024.


New Tax Rate 2024-25

The federal income tax has seven tax rates in 2024: Use the simple tax calculator to work out just the tax you owe on your taxable income for the full income year.

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New Tax Rate 2024-25