Visit the 2024-2025 tab to see the recently announced tax rates

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 you are Single and 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 2024-2025:

Australian Residents
Tax Rates 2024-2025

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 plus 30c for each $1 over $45,000

$135,001 – $190,000

$31,288 plus 37c for each $1 over $135,000

Over $190,000

$51,638 plus 45c for each $1 over $190,000

Compulsory superannuation rate: 11.5%

Medicare Levy of 2% applies (not applicable to low income earners).

Non Residents
Tax Rates 2024-2025

Taxable Income

Tax on this income

$0 – $135,000

30c for each $1

$135,001 – $190,000

$40,500 plus 37c for each $1 over $135,000

Over $190,000

$60,850 plus 45c for each $1 over $190,000

Compulsory superannuation rate: 11.5%

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