Insolvency System Rates Update 21 September June 2023

This update includes the following system rates updates:

• ATO tax rate updates for the 23-24 financial year.

The following rates have been updated:

Superannuation rates

Tax-free part of genuine redundancy and early retirement scheme payments

PAYG withholding tax tables

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.

When using the software, if your rates are not up to date you will receive a warning:

Use the attached Insolvency Hotfix Installation guide for installing the rates update