TaxCalc will be updated on Federal Budget night, Tuesday 13th May 2014

TaxCalc

Welcome to TaxCalc, the Australian income tax calculator
Tax calculator

Calculate your income tax and your after tax salary

 

Enter your taxable income in dollars:

 

For example, if you earn $50,000 enter in "50000"

Tax Rates for 2013-2014:

Tax Rates 2013-2014

Taxable Income

Tax on this income

$0 – $18,200

Nil

$18,201 – $37,000

19c for each $1 over $18,200

$37,001 – $80,000

$3,572 plus 32.5c for each $1 over $37,000

$80,001 – $180,000

$17,547 plus 37c for each $1 over $80,000

Over $180,000

$54,547 plus 45c for each $1 over $180,000

Summary:


After tax salary
Tax on income:
$
Medicare Levy:
$
Low Income Tax Offset:
$
Total tax:
$
 
Net income:
per annum:
$
per month:
$
per week:
$

Tax cut from previous year:
$
per annum