Tag Archives: tax rates

Budget 2023: What’s in it for me?

https://www.youtube.com/watch?v=3Aa2fK8xc3U&t=5s On Tuesday, 9 May 2023, Treasurer Jim Chalmers handed down the 2023–2024 Federal Budget, his second Budget, which follows the October 2022 Budget. The Treasurer announced a package of cost-of-living measures, including energy bill relief, expected to reduce power bills by up to $500 for five million households. These measures have been designed...
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Budget changes effective from 1 July 2014

A summary of the budget changes effective from 1 July 2014 is below: • The personal tax rates for the 2014/15 income year are
Taxable income 0 – $18,200 $18,201 – $37,000 $37,001 – $80,000 $80,001 – $180,000 **$180,001 and over
Tax on this income* Nil 19c for each $1 over $18,200 $3,572 plus 32.5c for each...
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