Enter your salary, adjust the settings and see the results in the summary below.
Enter how much you earn per year
Super Guarantee of $7,200 is paid on top of your $60,000 annual salary
HELP (HECS), VSL, TSL, SSL, SFSS
Use these features to customise the calculations to your circumstances. The highlighted sections indicate that an adjustment has been made.
Annual Pay Calculation
52 weeks/year 26 fortnights/year
Calculate total pay this year
(per year)
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See how a change in your salary affects your pay
This calculator applies the ATO's formulas for calculating daily, weekly, fortnightly, and monthy tax withheld amounts and tested against provided sample data. However, please note that the results obtained may have minor variations due to rounding figures or the calculator's limitations in capturing an individual's complete personal circumstances.
This calculator follows the ATO tax withholding formulas, which may result in variations from the annual tax amounts. Any differences will always be in favor of the ATO, but they will be refunded upon processing the annual tax return. It's important to note that annual calculations differ because tax offsets, benefits, and deductions are only applied at the end of the year.
If you receive weekly or fortnightly pay, there will be occasional years where you may receive an extra payment due to the slight excess of weeks in a year. To confirm this, you can specify the initial pay date within the fiscal year options. In such cases, a slightly higher amount of tax may be deducted if you enter your salary as weekly or fortnightly income. Alternatively, if you input your income on a weekly or fortnightly basis, it will be evenly distributed across the exact number of payments in that year.
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On desktop (Chrome/Edge) Click theicon in the browser's address bar and select "Install"On iOS (Safari) Tap the sharemenu and select "Add to Home Screen"On Android (Chrome) Tap the menuin the top right and the select "Add to Home Screen"
Australian income is levied at progressive tax rates. Tax bracket start at 0%, known as the tax-free rate, and increases progressively up to 45% for incomes over $180,000. In addition to income tax, there are additional levies such as Medicare. Individuals on incomes below $18,200 are also entitled to the Low and Middle Income Tax Offset (LMITO). Tax rates vary depending on residential status.
Use the table below to see how the current tax rates are calculated.
Income | Tax Liability | Tax Rate |
|---|---|---|
| $0 - $18,200 | Nil | 0% |
| $18,201 - $45,000 | 16¢ for every $1 over $18,200 | 16% |
| $45,001 - $135,000 | $4,288 plus 30¢ for every $1 over $45,000 | 30% |
| $135,001 - $190,000 | $31,288 plus 37¢ for every $1 over $135,000 | 37% |
| Over $190,000 | $51,638 plus 45¢ for every $1 over $190,000 | 45% |
Annual Salary | |
Income Tax | $8,788 |
Upper marginal rate | 30% (every $1 over $45,000) |
The drivers of the economy are great and varied, however a useful measure of how the economy affects living standards is inflation, and specifically the consumer price index. Economic inflation has an effect on the cost of living such that when inflation increases the cost of consumer goods and services also increases. In order to balance income with living costs, income also needs to change to absorb any rise. Inflation data has been sourced from RBA Economic outlook and historic CPI Inflation. By comparison, the Wage Price Index is included in order to approximate the apparent difference between wages and cost of living.
Use this calculator to see the impact of inflation on your pay in real terms. Input the date of your last pay rise, and find out how your salary has been affected by inflation.
Between Jan 2025 and Oct 2025 inflation will have caused your salary to effectively fall by $1,175. To maintain your real income, your salary should increase to $61,195 or by 1.99%
Income since Jan 2025
Inflation Adjusted Income
Effective Income
This forecast is using the most recent RBA CPI inflation forecast data and shoould be regarded as an estimate only.
This chart shows how your income compares to that of other Australians. The data presented in this chart is derived from the ATO percentile distribution dataset. The graph illustrates the changes in incomes over a decade and provids an interesting perspective on the personal income landscape in Australia. The percentile range divides the population into 100 equally sized groups based on income, and additionally segmenting each percentile by gender ratio.
The table below shows the top 3 tax expenditures. Based on your income tax of $9888, the amount of the expences is relative to your contribution.
Repayment thresholds and rates for all student loans including HELP, HECS, VET, SSL, ABSTUDY, TSL and SFSS are updated annually. Since July 2019 all types of student loan and the Student Financial Supplement Scheme (SFSS) have been consolidated under the same repayment threshold. Use the chart below to see how your salary effects you loan repayments. Refer to the ATO for a table of thresholds and rates.
Student loans undergo annual indexing to preserve their value relative to the consumer price index. Normally, this indexing rate is around 2%; however, in 2023, it increased to 7.1%. Refer to the current indexation rates to see how these rates are applied. Additionally, repayment thresholds are also adjusted to align with inflation.
Adjust Repayment Income
Repayment Income | |
Annual repayment | $0 |
Repayment rate | 0% |
Use this tool to calculate how long it will take to repay your loan. Input your current loan amount as it is today.
Adjust debt
Adjust Repayment Income
Calculate the final repayment date of your debt. Adjust the average debt indexation rate to improve the projection as the Tax Office increases the debt and bracket thresholds inline with inflation. An increase in your wage over the life of the debt will pay off your loan sooner.
Income in the year 2025
Repayment income (RI) is taxable income plus any total net investment loss (which includes net rental losses), total reportable fringe benefits amounts, reportable super contributions and exempt foreign employment income.
The Child Care Subsidy (CCS) is accessible to eligible parents based on their income level and the number of children under their care, subject to specific eligibility conditions. Payments under the subsidy are directly made to the child care provider.
You care for your child al least 2 nights per fortnight, or 14% care
Liable for fees from an approved child care service
Living in Australia and be either; a citizen, a permanent resident, have a special visa, sponsored student or in hardship
Child must meet immunisation requirements
Child not attending secondary school (unless exempt)
You need to provide an estimate of how much you and your partner make in the current financial year. In addition to regular salary you also need to include other kinds of income such as additional bonuses, payouts, or investment income.
Select how many hours you work per fortnight, or select a special activity type. If you have a partner, choose the carer who has the lower activity level. You can include reasonable time taken to travel between your child care service and the location of your recognised activity. This could include your place of work, training, study or other activity.
Combined annual household income
Maximum subsidy of 100 hours per child
If you have more than one child aged 5 or younger in care, you may get a higher Child Care Subsidy. This may apply for one or more of your children.
Add Child
Typically 5% is withheld from your subsidy. This is to help reduce the likelihood of you getting an over payment. You're able to vary this amount to suit your circumstances.
Remove Child
Long day care and occasional care
After subsidy
90% subsidy
Max standard rate
12/50 hours
29.6% saving