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This was published 4 months ago
Stage 3 tax cuts calculator: See how much money you’ll get back
The stage 3 tax cuts take effect today.
But how much you’ll get back changed under Anthony Albanese’s new plan unveiled in January.
See exactly how much you’ll get back from FY24-25, and how it differs from the Coalition’s plan, with our calculator below.
More than 11 million Australians will receive bigger tax cuts as part of the redesigned stage 3 tax plan, but all taxpayers will see some green.
If you earn under $147,000 you will essentially get more bang for your buck than the original stage 3 tax cuts plan, but those on a higher income will receive half of what was previously proposed.
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