Marginal Tax Rates 2024-25

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Marginal Tax Rates 2024-25. 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent. For tax year 2024, the top tax rate remains 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples.


Marginal Tax Rates 2024-25

On 25 january 2024, the government announced changes to individual income tax rates and thresholds from 1 july 2024. You pay tax as a percentage of your income in layers called tax brackets.

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