Ato Income Tax Rates 2024-24. (1) if all outstanding tax returns are lodged prior to 31 october 2024, the lodgment due date should. Some taxpayers will receive their tax cut when a tax return is lodged and processed after the end of the 2024‑25 financial year.

New individual income tax rates and thresholds apply to all taxable income you earn from 1 july 2024.  — as a special professional, you may be entitled to a concessional rate of tax where your taxable income includes certain amounts of professional income which, when added to.