2024 Tax Brackets Australia Ato. Use the ato’s tax calculator to review tax brackets and marginal tax rates, understanding your liabilities as an australian resident. Here are some tables setting out the current rates for 2023/24 and 2024/25 and also what that means in terms of tax payable.

New figures from the ato show the average refund for 2024 tax returns filed so far is just over $2500. The financial year for tax purposes for individuals starts on 1st july and ends on 30 june of the following year.