We  are  Online  

Australian News

`

Anthony Albanese Confirms Tax Cuts Set for July 2024-25


Publish Date: 18/03/2024

Anthony Albanese confirms tax cuts effective from July 1, 2024.

  • The High-income earners (>$200,000) to receive a substantial $9000 annual tax cut.
  • The workers earning $200,000 annually sees tax reduced from $60,667 to $51,592.
  • The Lower-income earners ($45,000) to get a modest 43 cents-a-week tax relief, totalling $125 annually.
  • In comparison from 2022-23 the individuals now earning $50,000 to experience a mere 34 cents-a-day or $2.40-a-week tax cut.

The Australian New TAX SLAB 2024-25 shown in the table below:

tax slab

Take our 2-minute survey and let us know your immigration requirements.

Related News


Start your Immigration Journey Today!


1

Check your eligibility: Submit online assessment form

2

Get a free assessment within 24 hours

3

Prepare your application with SIEC Advisor

4

Submit your application together with supporting documents

5

Wait for your visa to be granted

Appointment Request Form

Call us on +91-9650116699

24 hours contact via WhatsApp @

Australia: +61 415 383 393