Ato Tax Rates 2024-24
Ato Tax Rates 2024-24. The financial year for tax purposes for individuals starts on 1st july and ends on 30 june of the following year. The australian tax office (ato) collects income tax from working australians each financial year.
From 1 july 2025 and each subsequent financial year it is 50%. The financial year for tax purposes for individuals starts on 1st july and ends on 30 june of the.