Australian Income Tax Rates 2024-25 — ATO Tax Brackets & Calculator
Complete guide to Australian income tax brackets, marginal rates, Medicare Levy, Super Guarantee, and HECS-HELP thresholds for FY 2024-25.
This financial year ended 30 June 2025. These are the final confirmed ATO rates.
FY 2024-25 Income Tax Brackets — Australian Residents
| Taxable Income | Marginal Rate |
|---|---|
| $0 – $18,200 | Nil |
| $18,201 – $45,000 | 16% |
| $45,001 – $135,000 | 30% |
| $135,001 – $190,000 | 37% |
| $190,001+ | 45% |
Excludes Medicare Levy (2%). Resident rates only. Foreign resident rates differ.
Key 2024-25 Tax Figures at a Glance
Key Changes for FY 2024-25
- →Stage 3 tax cuts took effect from 1 July 2024
- →The 19% rate was cut to 16% for $18,201–$45,000
- →The 32.5% rate was cut to 30% and its upper threshold raised to $135,000
- →Super Guarantee rate increased to 11.5%
- →HECS-HELP repayment threshold at $54,435
Calculate Your 2024-25 Tax Refund or Debt
Enter your income, PAYG withheld, and deductions for an instant ATO-accurate estimate.
Open Tax Refund Calculator →Australian Tax 2024-25 — Frequently Asked Questions
What are the FY 2024-25 income tax rates?+
For FY 2024-25, the marginal tax rates are: 0% up to $18,200; 16% from $18,201 to $45,000; 30% from $45,001 to $135,000; 37% from $135,001 to $190,000; and 45% above $190,000. These are the Stage 3 tax rates that came into effect on 1 July 2024.
Did tax rates change in 2024-25?+
Yes — the Stage 3 tax cuts restructured Australian income tax brackets from 1 July 2024. The 19% rate was cut to 16%, the 32.5% rate was cut to 30% with its upper threshold raised to $135,000, and the 37% threshold moved to $135,001–$190,000.
What was the Super Guarantee rate in 2024-25?+
The Super Guarantee (SG) rate in FY 2024-25 was 11.5% of ordinary time earnings. Employers were required to contribute at least 11.5% of eligible workers' wages into their nominated super fund by the quarterly SG due dates.
What was the HECS-HELP repayment threshold for 2024-25?+
The minimum HECS-HELP repayment income threshold for FY 2024-25 was $54,435. Individuals with a repayment income below this threshold made no mandatory HECS repayment in their 2024-25 tax return. Above this threshold, repayment rates started at 1% of total repayment income.
How do I lodge my 2024-25 tax return?+
FY 2024-25 tax returns can be lodged from 1 July 2025. You can lodge directly through myGov (ATO Online) or via a registered tax agent. The self-lodgement deadline is 31 October 2025; tax agent clients typically have until May 2026.
Australian Tax Rates — Other Years
Tax rates are based on ATO published information. This page provides general information only and does not constitute tax advice. Consult a registered tax agent for advice specific to your circumstances.