Tax Brackets 2025 Australia Single. Payments will rise by 3.8 per cent, meaning youth allowance will jump from between $17.30 and $24.30 per fortnight and between $24.30 and $30.60 for single students,. Enhanced deductions for small businesses investing in technology and sustainability.
Now, let’s focus on the fresh tax rates that come into play: Here are some tables setting out the current rates for 2023/24 and 2024/25 and also what that means in terms of tax payable.