Budget 2024: Your Tax Tables and Tax Calculator
Calculate your income tax, petrol levies, and "sin taxes" using Fin24's Budget Calculator. While tax rates remain unchanged, "fiscal drag" may push you into a higher bracket due to inflation. "Sin taxes" on items like alcohol and tobacco have increased. Retirement reforms, including a "two-pot" system allowing limited early access, are proposed for implementation in September 2024, but details and tax implications are still evolving.