TaxCalc has been updated for 2018/2019

TaxCalc

Welcome to TaxCalc, the Australian income tax calculator

Australian residents pay different rates of tax to foreign residents. In addition, foreign residents do not pay the Medicare Levy or receive the Low Income Tax Offset (LITO).


To determine your residency status, see the rules on the ATO website

The Higher Education Loan Program (HELP - previously HECS) is a student loan program where the loans are repayed once your income falls within the repayment thresholds.


Also tick this box if you have an SSL, ABSTUDY SSL or TSL loan.

The Seniors and Pensioners Tax Offset (SAPTO) is a tax offset that is available for retirees who meet certain eligibility criteria.


For the purposes of this calculation, this site assumes your Rebate Income equals your Taxable Income.

Tax calculator

Calculate your tax and after tax salary

Enter your taxable income in dollars:

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

 
 
 

Tax Rates for 2018-2019:

Australian Residents
Tax Rates 2018-2019

Taxable Income

Tax on this income

$0 – $18,200

Nil

$18,201 – $37,000

19c for each $1 over $18,200

$37,001 – $90,000

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

$90,001 – $180,000

$20,797 plus 37c for each $1 over $90,000

Over $180,000

$54,097 plus 45c for each $1 over $180,000

Compulsory superannuation rate: 9.5%

Medicare Levy of 2% applies (not applicable to low income earners).
Low income tax offset expanded. Calculation includes both the original LITO and new LMITO tax offsets.

Non Residents
Tax Rates 2018-2019

Taxable Income

Tax on this income

$0 – $90,000

32.5c for each $1

$90,001 – $180,000

$29,250 plus 37c for each $1 over $90,000

Over $180,000

$62,550 plus 45c for each $1 over $180,000

Compulsory superannuation rate: 9.5%

Summary:

After tax salary
Base income:
$
Tax on income:
$
Medicare Levy:
$
HELP repayments:
$
SAPTO:
$
Low Income Tax Offset:
$
Total tax:
$
 
Net income:
per annum:
$
per month:
$
per week:
$
Tax cut from previous year:
$
per annum