2024 Tax Rates Australia Married Jointly. You pay tax as a percentage of your income in layers called tax brackets. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly).

As the new tax year approaches, it’s essential for married couples to be aware of the latest tax brackets for married filing jointly in 2023 and 2024. If you are married, you are exempt from the requirement that you file a joint tax return (as happens in some other countries).