Tax calculator

Simple personal income tax

The income tax you pay weekly/fortnight/monthly depends on your income minus any immediate deductions like salary sacrifice and tax offsets. Your Australian Tax File Number makes this work so be sure to declare it! Most other deductions only yield a benefit after you lodge your tax return for the year.

Income tax calculator

Find out the tax amount that should be withheld from your pay.

Income from wage or salary (before tax)

Your age

Financial year

Assumptions

Income tax calculator

Find out the tax amount that should be withheld from your pay.

Your tax breakdown

$XX,XXX net income

$XX,XXX tax withheld

Total income before tax	$XX,XXX
Total taxes	$XX,XXX
Income tax	$XX,XXX
Medicare levy	$X,XXX
Help/Hecs	$X,XXX
Tax offsets (paid yearly)	$X,XXX
Net income	$XX,XXX

Super tax benefits

Superannuation tax rates are usually a lot less than regular tax on income. Top up your super and save tax by salary sacrificing.

Add to your super

Save $X,XXX in taxes a year

have an extra $X,XXX
at retirement

Assumptions

This calculator is an estimate of how your taxable income and retirement outcome are influenced by salary sacrifice. The estimate is based on assumptions and some factors that may affect your retirement outcomes may not have been taken into account. This is a model not a prediction and is not intended to be relied upon for the purposes of making a financial decision. Consider a fund's product disclosure statement (PDS) and your objectives, financial situation and needs, which are not accounted for in this information, before making an investment decision. You are responsible for your own investment decisions and should obtain specific, individual advice from a financial services licensee before making any financial decisions.