Income Tax Calculator

How the estimate is worked out

Income tax is calculated on the resident marginal rates for the year, so each part of your income is taxed at the rate for its bracket. The Medicare levy is 2% of taxable income, with a reduced rate for lower incomes. The low-income Medicare levy thresholds use the most recently published values while the FY2026-27 figures are confirmed. If you tick the HECS or HELP option, the calculator adds the compulsory repayment on the marginal thresholds, using your taxable income as the repayment income (the tax office uses a slightly broader figure, so your actual repayment can differ). Take-home pay is your taxable income less the total tax. The figures are for Australian tax residents and do not include tax offsets, salary packaging, the Medicare levy surcharge, or other levies.