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Tax Brackets Australia 2024-2025: New Updates and Cost of Living Benefits
Unfortunately, we’ve all been feeling the pinch of the rising cost of living in Australia. We could use some good news in this regard, right? Well, here it is! The Australian Taxation Office (ATO) has updated the tax rates and brackets for the 2024-2025 financial year. With these adjustments, many Australians will see a reduction…