Vol. 03
Easy Financial Tools
Independent · Australian · Free · No sign-up

§ 01 — Pay

What does your salary actually pay?

Plug in your gross income and we'll back out income tax, the Medicare levy, HECS/HELP repayments and your super — using the 2025–26 ATO brackets. Estimates only; your real payslip can vary with salary sacrifice and offsets.

Updated · 1 Jul 2025·Source: ATO·Read · 4 min

Your inputs

A$
Show as
11.5%

Statutory minimum for 2025–26 is 11.5%.

Inputs are local. Nothing is sent anywhere.

The result

Your take-home pay per year

$72,862

≈ $37/hour · 38h week

Gross
$95,000
Income tax
$19,288
Medicare 2%
$1,900
HECS / HELP
$0

§ Breakdown · annual

Gross income$95,000
Less: Income tax (resident rates)−$19,288
Less: Medicare levy (2%)−$1,900
Take-home (net)$72,862
Plus: Employer super contribution+$10,925
Total package value$83,787

Estimates use 2025–26 resident tax brackets, the 2% Medicare levy, and HECS/HELP indexation as published by the ATO. Real payslips can vary with salary sacrifice, fringe benefits, offsets, and Medicare levy surcharge thresholds. Not financial advice.

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How the calculation works

Australian PAYG tax is progressive — different slices of your income are taxed at different rates. The calculator above walks through the same five steps the ATO does on your payslip.

  1. 1. Apply resident tax brackets. The first $18,200 is tax-free. The next slice up to $45,000 is taxed at 16%, then 30% up to $135,000, 37% up to $190,000, and 45% beyond.
  2. 2. Add the Medicare levy. A flat 2% on most incomes above the low-income threshold. The Medicare levy surcharge is separate and depends on private health cover.
  3. 3. Deduct any HECS/HELP repayment. Repayment kicks in above ~$54,435 (2025–26) and rises in tiers from 1% to 10% of total income.
  4. 4. Set aside super. Your employer pays 11.5% on top of your wage into super — this isn't taken out of your take-home, but it is part of your total package.
  5. 5. The rest is yours. Gross minus tax minus Medicare minus HECS = take-home.

§ Letters & replies

Salary & super, answered.

The questions Australians most often ask about take-home pay, tax, and salary sacrifice.

Why is my actual payslip different from this number?+ open

A few common reasons: salary sacrifice to super or novated lease (lowers taxable income), private health cover (avoids the Medicare levy surcharge), the Low Income Tax Offset, bonus payments taxed at a flat 32%, or fortnightly PAYG withholding rounding. The calculator gives you the steady-state annual position.

Is super part of my salary?+ open

It depends on the offer. "Plus super" means your employer pays 11.5% on top of your wage. "Inclusive of super" means the 11.5% is carved out of the headline number. Always check the wording — it can be a 10%+ difference.

When does HECS/HELP kick in?+ open

Compulsory repayments start when your repayment income exceeds ~$54,435 (2025–26 threshold) and rise in tiers from 1% to 10% — based on total repayment income, not just your taxable income.

What about the Medicare levy surcharge?+ open

The MLS adds 1.0–1.5% on top of the levy if you earn over $97,000 (single) and don't hold private hospital cover. This calculator uses resident defaults without MLS — it only applies to higher earners without private health.

Working-holiday or non-resident rates?+ open

This page uses resident rates. Working-holiday makers pay a flat 15% on the first $45,000; non-residents pay 30% from dollar one with no tax-free threshold. We'll add toggles in a coming update.

Next: the bigger picture

§ 02 — Loan

Mortgage repayments

What your take-home covers in monthly mortgage — at the current variable rate.

§ 03 — Property

Stamp duty by state

The upfront cost most calculators forget, across all 8 states & territories.

§ 04 — Vehicle

EV vs petrol

Five-year cost of running an EV against the petrol equivalent.