| Scenario | Gross (Annual) | Income tax (est.) | Medicare (est.) | Net (Annual) | Net (Weekly) |
|---|---|---|---|---|---|
| Annual salary | $70,000.00 | $11,788.00 | $1,400.00 | $56,812.00 | $1,092.54 |
| Annual salary | $100,000.00 | $20,788.00 | $2,000.00 | $77,212.00 | $1,484.85 |
| Annual salary | $150,000.00 | $36,838.00 | $3,000.00 | $110,162.00 | $2,118.50 |
- Annual base depends on frequency (hourly/daily/weekly/fortnightly/monthly/annual).
- Overtime = overtime_hours_per_week × hourly_rate × multiplier × weeks_per_year.
- Annual gross = base + overtime + bonus + allowances.
- Taxable income = annual_gross − pre-tax deductions − salary sacrifice.
- Income tax uses progressive brackets (resident or non-resident).
- LITO (optional) reduces income tax but cannot make it negative.
- Medicare levy (optional) ≈ 2% of taxable income (estimator).
- HELP (optional) uses a simplified marginal repayment model.
- Net annual = annual_gross − (income tax + Medicare + HELP).
- Enter your pay amount and select how often you’re paid.
- Set hours, days, and weeks to match your work pattern.
- Add overtime, bonus, and allowances if they apply.
- Enter pre-tax deductions or salary sacrifice amounts, if any.
- Choose residency, and enable Medicare, LITO, or HELP options.
- Press Calculate to see your results above the form.
- Use the download buttons to export CSV or PDF.
1. Gross, taxable, and net pay
Gross pay is your base earnings plus extras. This calculator builds annual gross from salary, overtime, bonuses, and allowances. Taxable income is annual gross minus pre‑tax deductions and salary sacrifice. Net pay is what remains after income tax, Medicare levy, and HELP, shown across common pay periods. You can also enable LITO, which may reduce tax up to $700.
2. Pay frequency conversions
To compare jobs, it converts your input into an annual figure. Hourly pay uses hours per week and weeks per year, with defaults of 38 and 52. Daily pay uses days per week, default 5. Weekly, fortnightly, and monthly values scale by 52, 26, and 12. Adjust weeks per year for unpaid leave or contract work.
3. Overtime, bonuses, and allowances
Overtime can change take‑home quickly. Annual overtime is overtime hours per week × hourly rate × overtime multiplier × weeks per year. Multipliers like 1.5× or 2× are common. Bonuses are added as annual lump sums. Allowances can be entered yearly to reflect regular entitlements.
4. Residency settings and brackets
Tax rules differ by residency. Residents include the $18,200 tax‑free threshold, then progressive brackets at $45,000, $135,000, and $190,000. Non‑residents generally have no tax‑free threshold, with 30% up to $135,000, 37% to $190,000, then 45% above that level. Offsets like LITO cannot make tax negative in this estimate.
5. Medicare levy estimation
Medicare levy is optional here because circumstances vary. The standard rate is modeled as about 2% of taxable income. An optional low‑income taper is included using typical single thresholds around $27,222 to $34,027. The Medicare levy surcharge and private health impacts are not included.
6. HELP repayments
If you have a student loan, HELP repayments depend on repayment income. The simplified model uses $0 up to $67,000, then 15c per dollar to $125,000. It then adds 17c per dollar above $125,000 plus $8,700, and applies 10% above $179,285. Turn HELP off if it does not apply.
7. Super estimate and package comparisons
Super is shown as an employer contribution estimate. The default rate is 12% for 2025‑26 settings, applied to ordinary time earnings for planning. Super is not deducted from your net cash pay, but it matters when comparing total package value and long‑term retirement savings. It can grow with extra contributions.
Does this match my payslip exactly?
It estimates annual amounts from your inputs. Employers withhold tax each pay run, using rounding and ATO withholding schedules. Offsets, deductions, and year‑end adjustments can change the final outcome.
How do I model part‑time or casual weeks?
Change hours per week, days per week, or weeks per year. For shorter contracts, set weeks per year to the actual weeks worked. Keep bonuses and allowances as annual totals for the period.
Are deductions and salary sacrifice treated the same?
Both reduce taxable income in this tool when entered as pre‑tax amounts. Some real‑world arrangements have limits or special rules. If your sacrifice is after‑tax, enter it as zero here and adjust manually.
Should I enable Medicare for non‑residents?
Many non‑residents do not pay the Medicare levy. If you are not liable, disable the Medicare option. If you are eligible for Medicare or have specific advice, enable it to include the estimate.
What is LITO and why can’t it go negative?
LITO is a low‑income tax offset that reduces income tax payable. It is non‑refundable, so it cannot create a negative tax amount. The calculator caps the offset so your tax does not drop below zero.
Can I download my results?
Yes. After you calculate, use the CSV or PDF buttons. The download includes your latest inputs and the key outputs, such as annual gross, taxable income, tax, Medicare, HELP, and net pay per period.