Personal income tax – new tax cuts for every Australian taxpayer

News

Date: 25th Mar, 2025 Source: N/A Country: N/A Original Source

Brief

"On 25/03/2025", the "Australian Government" issued an update regarding "Personal income tax - new tax cuts for every Australian taxpayer". The Government announced new tax cuts to provide cost-of-living relief and return bracket creep from 1 July 2026, with the 16% rate reduced to 15%, and further to 14% from 1 July 2027.

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Personal income tax – new tax cuts for every Australian taxpayer

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