| Country | New development | Further reading |
| Australia | On 25 January 2024, the Australian government unveiled draft personal income tax measures according to which the tax rates would be amended as follows, as from 1 July 2024:
– reducing the 19% tax rate to 16% (for incomes between AUD 18,200–45,000)
– reducing the 32.5% tax rate to 30% (for incomes between AUD 45,000 and the new AUD 135,000 threshold)
– increasing the threshold at which the 37% tax rate applies from AUD 120,000–135,000
– increasing the threshold at which the 45% tax rate applies from AUD 180,000–190,000 | Australia 1.1 |
| Brazil | By way of Law 14,784 of 2023, Brazil provides social security relief for some qualifying activities until December 2027, subject to specific conditions. | Brazil 2.2 |
| By way of Provisional Measure No 1.202/2023, dated 28 December 2023, Brazil introduced social security benefits enabling companies carrying out qualifying activities (two lists of qualifying activities were provided in an annex) to apply a reduced employer's social security contribution rate (Contribuição Previdenciária Patronal (CPP)), detailed as follows:
– companies carrying out the activities listed in Annex I: the following |
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