Tax cuts for the new financial year
| Income | 2023-24 tax paid | 2024-25 tax paid | Tax cut |
|---|---|---|---|
| $20,000 | $342 | $288 | $54 |
| $30,000 | $2,242 | $1,888 | $354 |
| $40,000 | $4,142 | $3,488 | $654 |
| $50,000 | $6,717 | $5,788 | $929 |
| $60,000 | $9,967 | $8,788 | $1,179 |
| $70,000 | $13,217 | $11,788 | $1,429 |
| $80,000 | $16,467 | $14,788 | $1,679 |
| $90,000 | $19,717 | $17,788 | $1,929 |
| $100,000 | $22,967 | $20,788 | $2,179 |
| $110,000 | $26,217 | $23,788 | $2,429 |
| $120,000 | $29,467 | $26,788 | $2,679 |
| $130,000 | $33,167 | $29,788 | $3,379 |
| $140,000 | $36,867 | $33,138 | $3,729 |
| $150,000 | $40,567 | $36,838 | $3,729 |
| $160,000 | $44,267 | $40,538 | $3,729 |
| $170,000 | $47,967 | $44,238 | $3,729 |
| $180,000 | $51,667 | $47,938 | $3,729 |
| $190,000 | $56,167 | $51,638 | $4,529 |
| $200,000 | $60,667 | $56,138 | $4,529 |
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