How this income tax calculator works
Enter your annual income and the calculator applies progressive marginal tax rates, adds the Medicare levy, and subtracts any HELP repayment to show what you actually take home each pay period.
Tax rates and thresholds are set by the government each financial year. Always check the ATO for the current year before you rely on a figure for a financial decision.
- Enter your annual income and whether it includes super.
- Choose your residency status.
- Add a HECS-HELP balance if you have one.
- Read your net income by year, month, fortnight and week.
Last reviewed by the myCalculator Editorial Team. General information only, not financial or tax advice.
Frequently asked questions
How is income tax calculated in Australia?
Australian residents pay tax on taxable income using progressive marginal rates: a tax-free threshold, then higher rates as income rises. The Medicare levy (generally 2% of taxable income) is added on top. Rates and thresholds change by financial year, so check the ATO for the current year.
What is my take-home pay after tax?
Take-home pay is your gross income minus income tax, the Medicare levy and any HELP/HECS repayment. Enter your annual income and residency status and the calculator shows net annual, monthly, fortnightly and weekly pay.
Does the calculator include superannuation?
Use the super-inclusive toggle if your quoted salary already includes employer super. Employer super is paid on top of salary for most employees and is not part of your take-home pay.
How do HECS-HELP repayments affect my tax?
If you have a HELP debt, compulsory repayments are calculated on your repayment income and collected through the tax system, reducing your take-home pay. Add your debt in the calculator to see the effect.
Is this a substitute for a tax agent?
No. It is a general estimate. Deductions, offsets, private health insurance and other income can change your actual tax, so use a registered tax agent for your return.