How Will the 24/25 Tax Rates Affect the FHSS

Question

 · Accepted Answer

Deb_ATO · Answer

Although I can't predict what may happen in the future. I can tell you right now If you're wanting to release your funds, yes, you're right the withholding rate will be calculated as your marginal tax rate plus Medicare levy minus the 30% FHSS tax offset.   If there are any changes in the future, we'll be sure to keep everyone updated. Watch this space.

Explore tax & super topicsExplore tax & super topics

About usAbout us