Individual Tax Rates 2024 Ato. (1) effective 1 july 2018 the base rate entity turnover threshold increased to. Use these tax rates if you are an individual and were a foreign resident for tax purposes for the full year.

16c for each $1 over $18,200. The 2018 budget announced a number of adjustments to the personal tax rates taking effect in the tax years from 1 july 2018 through to 1 july 2024.