Income Tax Calculator

Calculate your Australian income tax instantly for income from Salary & Wages. Simple, fast, and accurate tax calculator for individuals and businesses. No signup required.

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{{var_selected_period_name.value}}
Taxable Salary
{{(ds_chart_values.data[0].gross_earnings-ds_chart_values.data[0].salary_sacrifice).formatCurrency('$','.',',','2')}}
Tax+Loans
{{(ds_chart_values.data[0].tax+ds_chart_values.data[0].help_repayment).formatCurrency('$','.',',','2')}}
Net Salary
{{ds_chart_values.data[0].net_salary.formatCurrency('$','.',',','2')}}
Annual
Taxable Salary
{{(((formtaxcalculator.select_frequency.selectedValue=='W' ? ds_chart_values.data[0].gross_earnings*52 : formtaxcalculator.select_frequency.selectedValue=='F' ? ds_chart_values.data[0].gross_earnings*26 : formtaxcalculator.select_frequency.selectedValue=='M' ? ds_chart_values.data[0].gross_earnings*12 : ds_chart_values.data[0].gross_earnings*4)-(ds_chart_values.data[0].salary_sacrifice)*52)).toNumber().round().formatCurrency('$', '.', ',', 2)}}
Tax+Loans
{{(((formtaxcalculator.select_frequency.selectedValue=='W' ? ds_chart_values.data[0].tax*52 : formtaxcalculator.select_frequency.selectedValue=='F' ? ds_chart_values.data[0].tax*26 : formtaxcalculator.select_frequency.selectedValue=='M' ? ds_chart_values.data[0].tax*12 : ds_chart_values.data[0].tax*4)+(sc_list_tax_calculations.data.helpRepaymentSelectedPeriodAnnual)).toNumber().round().formatCurrency('$', '.', ',', 2))}}
Net Salary
{{((formtaxcalculator.select_frequency.selectedValue=='W' ? ds_chart_values.data[0].net_salary*52 : formtaxcalculator.select_frequency.selectedValue=='F' ? ds_chart_values.data[0].net_salary*26 : formtaxcalculator.select_frequency.selectedValue=='M' ? ds_chart_values.data[0].net_salary*12 : ds_chart_values.data[0].net_salary*4).toNumber().round().formatCurrency('$', '.', ',', 2))}}

Salary & Tax Summary
({{sc_list_tax_calculations.data.q_important_rates.year_name}})

Description {{var_selected_period_name.value}} Annual
Gross Salary {{sc_list_tax_calculations.data.grossSalaryUserInputSelectedPeriod.formatCurrency('$', '.', ',', 2)}} {{((sc_list_tax_calculations.data.grossSalaryUserInputWk*52).toNumber().round().formatCurrency('$', '.', ',', 2))}}
Gross Salary ({{(formtaxcalculator.select_super_incl.selectedValue==1 ? 'Excl. Super @ '+sc_list_tax_calculations.data.q_important_rates.sgc_rate.toFixed(2)+'%' : '')}}) {{sc_list_tax_calculations.data.grossSalarySelectedPeriod.formatCurrency('$', '.', ',', 2)}} {{((sc_list_tax_calculations.data.grossSalaryExclSuperWk*52).toNumber().round().formatCurrency('$', '.', ',', 2))}}
Salary Sacrifice (Before Tax) {{(sc_list_tax_calculations.data.salarySacrificeSelectedPeriod.toNumber().round().formatCurrency('$', '.', ',', 2))}} {{((sc_list_tax_calculations.data.salarySacrificeWk*52).toNumber().round().formatCurrency('$', '.', ',', 2))}}
Taxable Salary (Excl. Super & Sacrifice) {{((sc_list_tax_calculations.data.netEarningsSelectedPeriod).toNumber().formatCurrency('$', '.', ',', 2))}} {{(((sc_list_tax_calculations.data.grossSalaryExclSuperWk-sc_list_tax_calculations.data.salarySacrificeWk)*52).toNumber().round().formatCurrency('$', '.', ',', 2))}}
Tax Payable (Medicare Levy: {{(formtaxcalculator.select_medicarelevy.selectedValue==0 ? 'Full @ '+sc_list_tax_calculations.data.q_important_rates.medicare_levy.toFixed(2)+'%' : formtaxcalculator.select_medicarelevy.selectedValue==3 ? 'Exempt, Not Applicable' : formtaxcalculator.select_medicarelevy.selectedValue==4 ? 'Full '+sc_list_tax_calculations.data.q_important_rates.medicare_levy.toFixed(2)+'% exemption' : formtaxcalculator.select_medicarelevy.selectedValue==5 ? 'Half '+sc_list_tax_calculations.data.q_important_rates.medicare_levy.toFixed(2)+'% exemption' : '')}}) {{sc_list_tax_calculations.data.taxCalcSelectedPeriod.toNumber().formatCurrency('$', '.', ',', 2)}} {{((sc_list_tax_calculations.data.taxCalcSelectedPeriodAnnual).toNumber().formatCurrency('$', '.', ',', 2))}}
Study Loan Repayment (Deduction) {{(sc_list_tax_calculations.data.helpRepaymentSelectedPeriod.toNumber().formatCurrency('$', '.', ',', 2))}} {{((sc_list_tax_calculations.data.helpRepaymentSelectedPeriodAnnual).toNumber().round().formatCurrency('$', '.', ',', 2))}}
Net Salary {{sc_list_tax_calculations.data.netSalarySelectedPeriod.toNumber().formatCurrency('$', '.', ',', 2)}} {{((sc_list_tax_calculations.data.netSalarySelectedPeriodAnnual).toNumber().round().formatCurrency('$', '.', ',', 2))}}

Disclaimer: The tax calculations have been provided for general information / as a guide only, and do not constitute a qualified tax advice. For detailed disclaimers and assumptions, click here.

Click on the titles below for more information

If you are receiving any of the payments listed below, then this calculator can be used to calculate tax payable:
  • salary, wages, allowances and leave loading paid to employees
  • paid parental leave
  • directors' fees
  • salary and allowances paid to office holders (including members of parliament, statutory office holders, defence force members and police officers)
  • payments to labour-hire workers
  • payments to religious practitioners
  • government pensions
  • government education or training payments
  • compensation, sickness or accident payments that are calculated at a periodical rate and made because a person is unable to work (unless the payment is made under an insurance policy to the policy owner).

    • The tax calculations have been provided for general information / as a guide only, and do not constitute a qualified tax advice. The tax calculator may not be applicable to all tax payers. Please contact a registered tax adviser to discuss your personal circustances to accurately calculate your tax liabilities to the Australian Tax Office (ATO).
    • The tax calculator is applicable to Australian residents (residents or residents for tax-purposes) only.
    • The tax calculations are based on the withholding schedules issued by the Australian Tax Office (ATO). We update the formulas each year to calculate tax based on the rates applicable to each income year.
    • The tax payable amount includes Medicare levy (calculated on the taxable income at the applicable rates) except where 'Full Exemption' option has been selected. The Medicare levy calculation is based on individual rates and does not take into account family income or dependent children.
    • The tax calculations do not include the Medicare Levy Surcharge, an additional levy on individuals and families with higher incomes who do not have private health insurance.
    • No tax rebates or tax offsets have been taken into account for the calculation of tax payable amount.
    • The tax calculations are based on usual 52 pays (weekly payment frequency) and 26 pays (fortnightly payment frequency) in an income / financial year. In some years, there may be 53 weekly or 27 fortnightly pays, and the extra pay may result in insufficient amounts being withheld.

    Source: Australian Tax Office - click here to visit ATO website.

    For more information about the withholding schedules - Click here.

    Interested in finding out what is included in the employment income? - Click here.

    For further reading on the Salary sacrifice arrangements for employees and its implications - Click here.

    For further reading on the Study and training loan calculations and repayments - Click here.

    Key information about residency tests for Australian or foreign / temporary resident for tax purposes - Click here.

    For information about Tax File Number (TFN), where to find your TFN or how to apply for a TFN - Click here.

    For further information on Medicare levy reduction or exemption - Click here.

    We do not ask or collect any financial information to use the tax calculator.

    We do not ask or collect any contact information to use the tax calculator, unless you fill out our contact form to get in touch with us.