If you want a quick estimate of your annual tax and take-home pay, this Australian income tax calculator is built for exactly that. Enter your taxable income, choose the tax year, and the tool will estimate income tax, optional Medicare levy, and your net income across yearly, monthly, fortnightly, and weekly views.
Estimate your Australian income tax
For a quick estimate only. This tool supports resident and non-resident rates for FY 2023-24 and FY 2024-25 / FY 2025-26.
How to use this calculator
- Enter your taxable income (not your gross package).
- Choose the relevant financial year.
- Select whether you are a resident or non-resident for tax purposes.
- Optionally include Medicare levy and LITO to refine the estimate.
What the calculator includes
This calculator estimates:
- Progressive income tax based on ATO-style bracket structures.
- Optional Medicare levy at a simple 2% estimate for residents.
- Low Income Tax Offset (LITO) estimate for eligible residents.
- Total annual tax and approximate take-home pay.
It does not include every scenario (for example HELP/HECS repayments, Medicare Levy Surcharge, SAPTO, foreign income rules, private health rebates, or complex deductions).
Australian resident tax brackets (summary)
FY 2023-24
| Taxable income | Tax on this income |
|---|---|
| $0 – $18,200 | Nil |
| $18,201 – $45,000 | 19c for each $1 over $18,200 |
| $45,001 – $120,000 | $5,092 + 32.5c for each $1 over $45,000 |
| $120,001 – $180,000 | $29,467 + 37c for each $1 over $120,000 |
| $180,001+ | $51,667 + 45c for each $1 over $180,000 |
FY 2024-25 and FY 2025-26 (Stage 3)
| Taxable income | Tax on this income |
|---|---|
| $0 – $18,200 | Nil |
| $18,201 – $45,000 | 16c for each $1 over $18,200 |
| $45,001 – $135,000 | $4,288 + 30c for each $1 over $45,000 |
| $135,001 – $190,000 | $31,288 + 37c for each $1 over $135,000 |
| $190,001+ | $51,638 + 45c for each $1 over $190,000 |
Worked example
Suppose your taxable income is $90,000 in FY 2024-25 as a resident. Your tax is calculated progressively: each bracket is taxed only for the amount that falls into that bracket. Then optional offsets and Medicare levy are applied to estimate total tax and take-home income.
This approach is much better than applying one flat percentage to your full salary because Australia uses a progressive tax system.
How to reduce tax legally
1) Claim legitimate deductions
Work-related expenses, self-education costs, professional memberships, and other valid claims can reduce taxable income when substantiated correctly.
2) Consider concessional super contributions
Extra pre-tax super contributions can reduce taxable income in some situations, while helping long-term retirement savings. Contribution caps and personal circumstances matter, so get advice before acting.
3) Keep excellent records
Even the best tax strategy fails without documentation. Keep receipts, logs, and statements organised all year to make tax time smoother and more accurate.
Frequently asked questions
Is taxable income the same as gross salary?
Not always. Taxable income is your income after allowable deductions and adjustments.
Does this include HELP/HECS repayments?
No. This estimator does not include compulsory study loan repayment calculations.
Does this include Medicare Levy Surcharge (MLS)?
No. It only includes an optional base Medicare levy estimate (2%) for residents.
Disclaimer
This calculator is for educational purposes and gives general estimates only. For personal advice, complex tax situations, or filing decisions, consult the ATO and/or a registered Australian tax professional.