22/10/2026
📉 Good news for employees: a lower tax rate is here!
Since 1 July 2026, the tax rate on income between $18,201 and $45,000 has dropped from 16% to 15%. Eligible taxpayers may pay up to $268 less per year as a result.
And it's legislated to drop again to 14% from 1 July 2027. 📅
Want to know how these changes may apply to your circumstances? Talk to our team.
📞 Book your appointment: +61 451 352 849
ℹ️ General information only. Tax outcomes depend on individual circumstances.