![]() ![]() Tax tables that were updated and apply from 1 July 2023 The legislated stage 3 income tax cuts are not due to commence until 1 July 2024 (the 2024-25 income year). There are no changes to other withholding schedules and tax tables for the 2023–24 income year. Study and training support loans weekly, fortnightly and monthly tax tables.Schedule 8 – Statement of formulas for calculating study and training support loans components (NAT 3539). ![]() With the annual indexing of the repayment incomes for study and training support loans, the following schedule and tax tables were updated for the 2023–24 year: Important information – July 2023 updates Tax tables for previous years are also available at Tax rates and codes. To get a copy of the PDF, select the tax table you need and go to the heading Using this table or Using this schedule. Tax tables with an asterisk (‘*’) have downloadable look-up tables available in portable document format (PDF). A tax withheld calculator that calculates the correct amount of tax to withhold is also available. We produce a range of tax tables to help you work out how much to withhold from payments you make to your employees or other payees.
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