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Daily Discussion Thread: 🎾 Wed 17 Jan 2024 (aussie.zone)

submitted 11 months ago by CEOofmyhouse56@aussie.zone to c/melbourne@aussie.zone

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[–] bull@aussie.zone 1 points 11 months ago

"In 2024–25, the Government will simplify and flatten the personal tax system by abolishing the 37 per cent tax bracket entirely. Australians earning more than $41,000 will only pay 32.5 cents in the dollar all the way up to the top marginal tax rate threshold that will be adjusted to $200,000."

This is actually great for me and a lot of people who aren't on 200k+