Tax Brackets For 2024 Income. As your income goes up, the tax. The tax year 2024 maximum earned income tax credit amount is $7,830 for qualifying taxpayers who have three or more qualifying children, an increase of from $7,430 for.
To achieve greater progressivity, the top marginal personal income tax rate will be increased with effect from ya 2024. For ya 2023, itโs important to note that the tax rates have been amended under budget 2023, with a reduction of 2% for those who fall under the m40 income group, and an.