ATO Tax Tables 2023 – 2024
ATO produces a range of tax tables to help employers work out how much to withhold from payments they make to their employees or other payees. A tax withheld calculator that calculates the correct amount of tax to withhold is also available.
Employers and other payers will be required to use the updated ATO weekly tax table, fortnightly tax table, monthly tax table and daily tax table to calculate withholding amounts on any regular payments made to their employees.
The following tax tables were updated and apply from 13 October 2020. There are no changes to most withholding schedules and tax tables for the 2023–24 income year. The extension of the low and middle income tax offset announced at the Federal Budget is only claimable when individuals lodge their income tax return.