2024 Tax Brackets Australia Ato. $32.5 billion the rough value of collectable debt owed related to. New figures from the ato show the average refund for 2024 tax returns filed so far is just over $2500.
The financial year for tax purposes for individuals starts on 1st july and ends on 30 june of the following year. On 25 january 2024, the government announced changes to individual income tax rates and thresholds from 1 july 2024.
