Stage 3 tax cuts calculator: See how much money you will get back

Every Australian will receive a tax cut come July 1. But how much you’ll get back has changed under Anthony Albanese’s new plan.

So if you want to get a head start on your plans for FY2024-25, bookmark this calculator. It’ll come in handy. We promise.

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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