2025 Tax Brackets Australia For Individuals. The tax rate has been reduced from 19% to 16% for incomes between $18,200 and $45,000, offering a 3% savings. Past performance is no indication of future performance and tax laws are subject to change.
In february 2025 the parliament approved modified tax cuts for higher income earners, and to improve the tax scale for lower income earners. We’ll also share practical strategies for managing your finances for 2025 and beyond.