This update includes the following system rates updates:
- ATO tax rate updates for the 23-24 financial year.
The following rates have been updated:
Tax-free part of genuine redundancy and early retirement scheme payments
Note: PAYG Tax rates are unchanged from the 22-23 financial year, however with the annual indexing of the repayment incomes for study and training support loans, the formulas for calculating study and training support loans components have been updated.
Download the latest rates
The rates update is attached to this article.
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