Select your income to see your combined* tax savings
$30,000
Year
Annual tax cut
2024-25 & 2025-26
$354
2026-27
$472
2027-28 onwards
$590
* Savings include previously announced tax cuts. Actual
outcomes may differ for individuals and households. Values are based on
representative annual incomes, and are calculated by only considering the
basic tax scales, low-income tax offset and the 2023-24 Medicare levy for
a single non-pensioner household with no dependents.