2024 Tax Rates Australia Calculator. Please enter your salary into the annual salary field and click calculate. Also calculates your low income tax offset, help, sapto, and medicare levy.

The monthly cpi indicator rose 4.0% in the 12 months to may, up from a 3.6% rise in the 12 months to april. The financial year for tax purposes for individuals starts on 1st july and ends on 30 june of the following year.