Calculate your income tax, Medicare levy, and take-home pay for 2026-27, 2025-26, or 2024-25. Updated with the latest ATO tax brackets including the new 15% rate for 2026-27.
| Period | Gross | Tax | Take-home |
|---|---|---|---|
| Weekly | $1,634.62 | $340.77 | $1,293.85 |
| Fortnightly | $3,269.23 | $681.54 | $2,587.69 |
| Monthly | $7,083.33 | $1,476.67 | $5,606.67 |
| Annually | $85,000.00 | $17,720.00 | $67,280.00 |
| Income range | Rate | Tax |
|---|---|---|
| $0 – $18,200 | 0% | $0 |
| $18,201 – $45,000 | 15% | $4,020 |
| $45,001 – $135,000 | 30% | $12,000 |
See how your tax changes as your income increases. The progressive bracket system means each additional dollar earned is taxed at your marginal rate, not your average rate.
Work-related expenses, home office costs, and other deductions reduce your taxable income. Enter your total deductions to see how they affect your tax and take-home pay.
Switch between 2024-25, 2025-26, and 2026-27 to see how the legislated rate changes affect your tax. The 2026-27 year reduces the second bracket from 16% to 15%.
If you have a HELP debt, toggle it on to see the compulsory repayment amount. This is calculated as a percentage of your total repayment income and withheld through PAYG.
Your estimated take-home is $2,587.69 per fortnight. Use our loan calculators to see what repayments would fit comfortably within your budget.
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Australia uses a progressive tax system with marginal tax rates. You pay different rates on different portions of your income. For example, in 2026-27, the first $18,200 is tax-free, income from $18,201 to $45,000 is taxed at 15%, and so on up to 45% for income over $190,000. The calculator applies these brackets automatically and includes the Medicare levy and Low Income Tax Offset where applicable.
The tax-free threshold is $18,200 for Australian residents. This means you pay no income tax on the first $18,200 you earn each financial year. Non-residents do not receive the tax-free threshold and are taxed from the first dollar earned.
For the 2026-27 financial year (starting 1 July 2026), the marginal tax rate on income between $18,201 and $45,000 dropped from 16% to 15%. This saves every taxpayer earning above $45,000 approximately $268 per year. This is part of the legislated Stage 3 tax cut schedule, with a further reduction to 14% planned for 2027-28.
The Medicare levy is an additional 2% tax on your taxable income that funds Australia's public healthcare system. Low-income earners (under $26,000) are exempt, and there is a shade-in range up to $32,500 where the levy is reduced. Non-residents and working holiday makers do not pay the Medicare levy.
LITO is a tax offset that reduces the amount of tax you pay if your taxable income is below $66,667. The maximum offset is $700 for incomes up to $37,500. It then phases out at 5 cents per dollar between $37,501 and $45,000, and at 1.5 cents per dollar between $45,001 and $66,667. LITO is automatically applied — you do not need to claim it.
Yes. If you toggle the HECS-HELP option on, the calculator will include compulsory repayments based on ATO repayment thresholds. HELP repayments are calculated as a percentage of your total repayment income, starting at 1% for incomes over $54,435 and increasing in bands up to 10%.
Common deductions include work-related expenses (uniforms, tools, travel), self-education expenses, home office costs, and donations to registered charities. You can claim the actual amount spent or use simplified methods where available. Only claim deductions for expenses directly related to earning your income.
The results are estimates based on published ATO tax rates, the Medicare levy, and LITO. Actual tax payable may differ due to additional offsets (SAPTO, spouse offset), Medicare levy surcharge, private health insurance rebate adjustments, or other individual circumstances. Use these results for budgeting and planning, not as a substitute for professional tax advice.
Results are estimates only and should not be relied upon for financial decisions. Actual tax repayments will depend on the lender, your credit profile, and the specific terms offered. Interest rates used are for illustration purposes only and may not reflect current market rates.
Subject to lender approval, terms and conditions apply.
This calculator is general information only and is not financial advice.