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AU Statutory Patch release 2024 - 12.1 & 12.2

The Statutory Patch for changes effective 1 July 2024 is schedule for release on the 15th June. This patch will include the following changes:

  1. Working Holiday Maker Tax Rates
  2. Study and Training Support Loans (STSL) Rates
  3. ETP Cap Amount
  4. Superannuation max contribution Cap
  5. Tax Free Amount threshold for Bona Fide Redundancy & Approved Early Retirement Scheme Payments
  6. Victorian Payroll Tax Threshold
  7. PAYG Tax Rates
  8. Senior Australians Tax Rate changes

Oracle will communicate to customers any changes to this information asap.

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