Income Tax & Take-Home Pay Calculator
Estimate how much pay you keep after income tax, Medicare and HELP repayments.
How this tool works
Reviewed 12 September 2026. Selected 2024-25, 2025-26 or 2026-27 year; Medicare law enacted at the review date.
Calculation outline
- Calculates gross tax liability under legislated Stage 3 rates, deducts LITO, and adds Medicare Levy and HELP compulsory repayments.
- Computes net take-home salary across annual, monthly, fortnightly, and weekly payment intervals, plus employer superannuation.
Worked example
Example: a $95,000 gross salary in 2025-26 generates $19,288 income tax, $1,900 Medicare levy, yielding $73,812 annual take-home ($6,151/mo).
Limits
- Uses ordinary single Medicare thresholds only; excludes family/SAPTO reductions, exemptions, surcharge, deductions, salary sacrifice and offsets other than LITO. Annual results are divided into pay periods, not PAYG withholding estimates.
- SG assumes evenly earned ordinary salary from one employer and applies the maximum contribution base. HELP assumes sufficient debt and salary-only repayment income.
Sources
- ATO individual income tax rates
- Medicare Levy Act from 1 July 2026
- 2026-27 HELP indexed thresholds
- ATO study loan repayments
This tool provides general information and illustrative estimates only. It does not consider your objectives, financial situation or needs and is not personal financial, tax or legal advice.