ATO Tax Rates 2024-2025 Year (Non-Residents)
The 2018 Budget announced a number of proposed adjustments to the personal tax rates taking effect from 1 July 2018 through to 1 July 2024. See further here.
Reflected in the following table, for tax years commencing 1 July 2024 the 37 cent tax band is removed, and the 32.5 cent range extended to incomes of $200,000.
|Taxable income||Tax on this income (new scale)|
|$0 – $200,000||32.5c for each $1|
|$200,001 and over||$65,000 + 45c for each $1 over $200,000|
This new tax scale depends on the passage of legislation.
Non-residents do not pay the Medicare Levy.
This page was last modified 2018-05-11