Income Tax Calculator

Why Should You Use This PAYG Calculator?

This Calculator will help you in identifying:

Salary :
Period:
Superannuation %:

Options

Includes Super
Non-resident
Backpacker
Student Loan
Breakdown Weekly Fortnightly Monthly Yearly
Gross Income
Superannuation
Income Tax
Medicare levy
Help-Debt
Total Taxes
Net Income

You are entitled for $ Low Income Offset and $ Low and Middle Income Offset.

NOTE:Although calculations in this calculator are according to ATO Tax Threshholds, it should still be considered as an estimate only.

What is Income Tax?

Income tax is the money deducted by your Employer from you gross earnngs and paid to Australian Taxation Office. If you are a Business owner or working independently, you have to pay Income Tax to ATO after the end of financial year. If you are registered for Australian Business Number you have to pay 10% GST as well.

How Much Income Tax Do I Have To Pay?

The coalition government proposed tax cuts in the 2019 Federal budget in accordance with Personal Income Tax Plan announced in the 2018.
Tables below define Income Tax Brackets for Residents and Non-Residents.

Resident Tax Rates 2018 - 2019 and 2019 - 2020

Taxable Income Tax
$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
More than $180,000 $54,097 plus 45c for every $1 over $180,000

Non-Resident Tax Rates 2018 - 2019 and 2019 - 2020

Taxable Income Tax
$0 – $90,000 32.5c for each $1
$90,001 - $180,000 $29,250 plus 37c for each $1 over $90,000
More than $180,000 $62,550 plus 45c for every $1 over $180,000