Tax Rates 2024/25 Ato. On 25 january 2024, the government announced changes to individual income tax rates and thresholds from 1 july 2024. What you can do with this calculator.

To learn more about the nature of the tax cuts and the preceding history go here. Income tax on your gross earnings , medicare levy (only if you are using medicare) , superannuation paid by your employer (standard rate is 11% of your gross.