Hands of two men writing on paper between two laptops

ATO New Tax Tables

The ATO produces a range of tax tables to help us, as your accountants and you work out how much to withhold from payments you make to your employees or other payees.

A tax withheld calculator that calculates the correct amount of tax to withhold is also available.

Changes to personal income tax thresholds announced by the Government during the Federal Budget have been incorporated into the withholding schedules and tax tables and will apply to payments made on and from 13 October 2020.

View all the Tax tables that were updated and apply from 13 October 2020 here.

For any queries on your tax obligations please don’t hesitate to contact your STS accountant.