Although already legislated in revised form, 第三阶段减税仍然是政府生活费用救济计划的主要支柱之一, delivering a tax cut to 13.6 million taxpayers. The current and new resident tax rates are as follows:
Personal tax rates
第三阶段的减税现在已经重新设计和立法，以提供相同的个人税收总体减少, but relief is now spread across all taxpayers.
2023年7月1日至2024年6月30日财政年度的现行居民税率为:
| 2023-24 | |
| Rate | Threshold |
| 0% | $0 – $18,200 |
| 19% | $18,201 – $45,000 |
| 32.5% | $45,001 – $120,000 |
| 37% | $120,001 – $180,000 |
| 45% | $180,001+ |
Medicare is an additional 2% where applicable
Recently legislated resident tax rates from 1 July 2024 will be:
| Rate | Threshold |
| 0% | $0 – $18,200 |
| 16% | $18,201 – $45,000 |
| 30% | $45,001 – $135,000 |
| 37% | $135,001 – $190,000 |
| 45% | $190,001+ |
Medicare is an additional 2% where applicable
Medicare Levy low-income threshold increase
- 单身人士的门槛将从24276美元提高到26000美元.
- The family threshold will be increased from $40,939 to $43,846.
- 对于单身老年人和养老金领取者，起征点将从38,365美元提高到41,089美元.
- 老年人和养老金领取者的家庭起征点将从53,406美元提高到57,198美元.
- For each dependent child or student, the family income thresholds will increase by a further $4,027 instead of the previous amount of $3,760.
HECS/HELP study debt indexation changes
政府已经宣布改变学习债务的指数化, 指出若追溯适用新的指数化率，将有300万人受惠，并可免除30亿元的贷款债务.
新的指数化率将以消费物价指数或工资物价指数中较低者为准。. For 2022-23 the WPI was lower than CPI, 因此，2023年6月1日适用的指数化指数将从7日追溯调整.1% down to 3.2%. 在撰写本文时，尚无2024年6月1日指数化金额的数据.
The implications of the 2023 adjustment down from 7.1% to 3.2% are:
- If your HELP debt is still in place, 根据这次调整，你的部分债务将被消除.
- If you have since paid off your HELP debt in full, you will be entitled to a refund for the adjustment amount. The delivery of this refund has not yet been announced.
- 如果你在2023年6月1日之前还清了你的HELP债务，预计会有7.1% indexation, 那么你将不会收到退款，因为回溯调整适用于2023年6月1日的$0余额.
ATO funding and compliance program extension
从2027年7月1日起，政府将把ATO个人所得税合规计划延长一年.
这一扩展将使ATO能够继续提供积极主动的组合, 针对关键的不合规问题采取预防和纠正措施, including overclaiming of deductions, incorrect reporting of income, and inappropriate tax agent influence. 这将使ATO能够继续关注税收系统的新风险, such as deductions relating to short-term rental properties. This measure is estimated to increase receipts by $180.3 million and increase payments by $44.3 million over the 5 years from 2023–24.
SUPERANNUATION
政府再次履行了他们在选举前的承诺，即在他们的第一个任期内不改变退休金制度. Aside from indirect references around compliance programs, 预算案中有一项重要的与退休金相关的措施, as well as a reminder of another key measure from last year below.
Superannuation – Paid Parental Leave (PPL)
加强公积金计划及改善妇女退休生活的拨款包括:
- $1.1 billion over four years from 2024–25 (and $0.为2025年7月1日或之后出生和收养的人支付联邦政府资助的PPL养老金. 符合条件的父母将在退休金保障的基础上获得额外的付款(PPL付款的12%), as a contribution to their superannuation fund by the Government.
- 由2024至2025年起，在两年内拨款1,000万元，为小型企业雇主提供额外的支援，协助他们管理公共福利.
- $1.从2023年到2024年，在两年内为潜在的PPL接收者更新通信产品和文件.
$3 million superannuation balances
Despite no changes in their first term, 此前宣布的从2025年7月1日起对养老金总额超过300万美元的人征收296部税，现在以立法草案的形式提交给议会. 政府已经进行了协商，虽然它要到2025年7月1日才适用, 现在有意向像之前宣布的那样将这些措施立法.
A reminder that the key features of the proposal are:
- It applies to the total superannuation held by an individual, regardless of how many funds they have an account in.
- It applies a 15% tax to unrealised gains in asset values.
- 它适用于2026年6月30日300万美元以上结余的价值增加. 因此，截至2025年6月30日的未实现收益实际上不受此税影响. 增加的数额将供款和提款计入澳门官方赌场数额.
- The tax is assessed to the member, 因此，他们可以选择亲自支付这笔钱，或者选择由他们的退休基金支付这笔税.
For more information on the May 2024 Federal Budget please click here for our overview.
