diff --git a/austax/reports.py b/austax/reports.py
index 1606018..a5a3ede 100644
--- a/austax/reports.py
+++ b/austax/reports.py
@@ -27,7 +27,7 @@ def base_income_tax(year, taxable_income):
 	
 	for i, (upper_limit, flat_amount, marginal_rate) in enumerate(base_tax[year]):
 		if upper_limit is None or taxable_income.quantity <= upper_limit * (10**AMOUNT_DPS):
-			lower_limit = base_tax[year][i - 1][0]
+			lower_limit = base_tax[year][i - 1][0] or 0
 			return Amount(flat_amount * (10**AMOUNT_DPS) + marginal_rate * (taxable_income.quantity - lower_limit * (10**AMOUNT_DPS)), '$')
 
 def lito(taxable_income):
diff --git a/austax/tax_tables.py b/austax/tax_tables.py
index e84932e..ee9306d 100644
--- a/austax/tax_tables.py
+++ b/austax/tax_tables.py
@@ -18,6 +18,13 @@
 # https://www.ato.gov.au/rates/individual-income-tax-rates/
 # Maps each financial year to list of (upper limit (INclusive), flat amount, marginal rate)
 base_tax = {
+	2024: [
+		(18200, 0, 0),
+		(45000, 0, 0.19),
+		(120000, 5092, 0.325),
+		(180000, 29467, 0.37),
+		(None, 51667, 0.45)
+	],
 	2023: [
 		(18200, 0, 0),
 		(45000, 0, 0.19),
@@ -31,6 +38,27 @@ base_tax = {
 # https://www.ato.gov.au/Rates/HELP,-TSL-and-SFSS-repayment-thresholds-and-rates/
 # Maps each financial year to list of (upper limit (EXclusive), repayment rate)
 repayment_rates = {
+	2024: [
+		(51550, 0),
+		(59518, 0.01),
+		(63089, 0.02),
+		(66875, 0.025),
+		(70888, 0.03),
+		(75140, 0.035),
+		(79649, 0.04),
+		(84429, 0.045),
+		(89494, 0.05),
+		(94865, 0.055),
+		(100557, 0.06),
+		(106590, 0.065),
+		(112985, 0.07),
+		(119764, 0.075),
+		(126950, 0.08),
+		(134568, 0.085),
+		(142642, 0.09),
+		(151200, 0.095),
+		(None, 0.1)
+	],
 	2023: [
 		(48361, 0),
 		(55837, 0.01),
@@ -57,5 +85,6 @@ repayment_rates = {
 # FBT type 1 gross-up factor
 # https://www.ato.gov.au/rates/fbt/#GrossupratesforFBT
 fbt_grossup = {
+	2024: 2.0802,
 	2023: 2.0802
 }