Published 17 days ago

Aussies copped world's biggest tax rate increase

Summary by Sydney Morning Herald

Australian workers were hit by the largest tax rate increase in the developed world last year, according to the OECD.

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Sydney Morning Herald

Aussies copped world's biggest tax rate increase

Australian workers were hit by the largest tax rate increase in the developed world last year, according to the OECD.

17 days ago·Sydney, Australia

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The Epoch Times

Single Australians Slapped With World’s Biggest Tax Increase in 2023

Single Australian workers were the hardest hit by tax increases among advanced economies in 2023, a new report has shown. The OECD (Organisation for Economic Cooperation and Development)’s latest Taxing Wages 2024 report (pdf) gave a snapshot of how workers’ tax rates evolved in 38 countries in the previous year. It found that Australia experienced the most significant rise in the tax burden (income tax plus employee and employer contributions l…

16 days ago·New York, United States

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9News

Australians copped world's biggest tax rate increase last year

Australian workers were hit by the largest tax rate increase in the developed world last year, with low and middle-income earners bearing the brunt of the burden.According to the Organisation for Economic Co-operation and Development's (OECD) latest Taxing Wages report, released this morning, the average personal tax rate increased by 7.6 per cent for the 2022-23 financial year.That's a bigger jump than any of the organisation's 37 other countr…

17 days ago·Australia

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