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Income Tax & Take-Home Pay

An educational estimate of income tax, Medicare levy, and take-home pay for Australian residents using FY2025–26 rates. Does not account for tax offsets or deductions. Not tax advice.

Take-home pay (annual)
per month
per fortnight
Take-home
Income tax
Medicare levy
Income tax
Medicare levy
Total deductions
Effective rate
Before tax
HELP / HECS debt
Off — no study loan
HELP repayment for incomes above $179,285 is extrapolated at the last confirmed band rate. The complete ATO band table above this threshold is not yet confirmed — verify with the ATO before relying on this figure.
An educational estimate using published ATO rates for the 2025–26 financial year. It does not account for tax offsets (including the Low Income Tax Offset), deductions, or your individual circumstances. Medicare levy reductions near the low-income threshold are not modelled. HELP repayment uses income as a proxy for repayment income — this is a simplification disclosed here. This is not tax or financial advice. Confirm your position with the ATO or a registered tax agent.

How Australian income tax works

Australia uses a marginal tax system: different rates apply to different portions of income, not to the whole amount. Earning more never reduces your take-home pay — a higher rate only applies to the income above the threshold where that rate starts.

FY2025–26 tax brackets

Taxable income Rate
$0 – $18,200 Nil
$18,201 – $45,000 16%
$45,001 – $135,000 30%
$135,001 – $190,000 37%
Over $190,000 45%

These are the Stage 3 rates, which came into effect 1 July 2024 and are unchanged for 2025–26.

Tax offsets

Many Australians are entitled to the Low Income Tax Offset (LITO) and other offsets that reduce the actual tax payable — in some cases to zero for lower incomes. This calculator does not model offsets and will therefore overstate tax for many people. The ATO's individual income tax calculator is the right tool for an estimate that includes offsets.

Medicare levy

The Medicare levy is 2% of taxable income for most residents. A low-income threshold exists below which the levy is reduced or nil — this calculator uses a simplified flat rate above a threshold and does not model the reduction near the threshold. The actual threshold is confirmed by the ATO each year.

HELP / HECS repayments

From 1 July 2025, the HELP repayment system changed to a marginal system: repayments apply only to income above the threshold ($67,000 for FY2025–26), not to total income. This is a significant change from the prior whole-of-income system. If a source describes the old system, it is stale for 2025–26. Repayment income is technically broader than taxable income; this calculator uses gross income as a reasonable proxy and discloses the simplification.

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