Ato Personal Tax Rates 2024. 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. The tax scale changes take effect in the years from 1 july 2018 through to 1 july 2024.
Reduce the 19 per cent tax rate to 16 per cent (for incomes between $18,200 and $45,000). For more than 50 years, australiaโs professionals have relied on wolters kluwer information to help them advise their clients, run their businesses and manage their obligations.