2024 Tax Rates Australia Over 65. Please enter your salary into the annual salary field and. The government has legislated permanent tax cuts for all 13.6 million australian taxpayers from 1 july 2024 with the average annual tax cut being $1,888 (or $36 a week).
These tax rates apply to individuals who are australian residents for tax purposes. This simplified ato tax calculator will calculate your annual, monthly, fortnightly and weekly salary after payg tax deductions.