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AustraliaOn 20 February 2024, the Australian Migration Amendment (Strengthening Employer Compliance) Act 2024 was issued, with an effective date of 1 July 2024.Australia 8.1 and Australia 3.2
On 5 March 2024, the Treasury Laws Amendment (Cost of Living Tax Cuts) Act 2024 received royal assent, including amendments to the Income Tax Rates Act 1986 as follows:
Income bracket: less than AUD 45,000: tax rate: 16%
Income bracket: AUD 45,000–135,000: tax rate: 30%
Income bracket: AUD 135,000–190,000: tax rate: 37%
Income bracket: over AUD 190,000: tax rate: 45%
Tax rates for non-resident taxpayers for the 2024–25 year of income or a later year of income will be as follows:
Income bracket: less than AUD 135,000: tax rate: 30%
Income bracket: AUD 135,000–190,000: tax rate: 37%
Income bracket: over AUD 190,000: tax rate: 45%
Tax rates for working holiday makers for the 2024–25 year of income or a later year of income will be as follows:
Income bracket: less than AUD 45,000: tax rate: 15%
Income bracket: AUD 45,000–135,000: tax rate: 30%
Income bracket: AUD 135,000–190,000: tax rate: 37%
Income

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