Marginal Tax Rates 2024 Fy. These tax rates apply to individuals who are australian residents for tax purposes. Tax rates for australian residents for income years from 2025 back to 1984.

For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; For 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%.