The tax wedge for the average single worker in Australia decreased by 1.3 percentage points from 28.4% in 2020 to 27.1% in 2021. The OECD average tax wedge in 2021 was 34.6% (2020, 34.6%). In 2021, Australia had the 31st lowest tax wedge among the 38 OECD member countries, compared with 30th in 2020.
December 20, 2022January 9, 2023