Tax Cuts for FY25 | How will it affect borrowing power

Starting from the 2024-25 financial year, the new tax thresholds will be: $0 to $18,200 – 0 cents in the dollar $18,201 to $45,000 – 16c. $45,001 to $135,000 – 300c. $135,001 to $190,000 – 37c. $190,001 and above –









