A pay calculator (also called a salary or tax calculator) tells you exactly how much money you’ll receive in your bank account after tax and other deductions. This is your net pay or take-home pay.
Current Tax Rates (2025–26 Financial Year – Residents)
The Australian resident tax rates that apply from 1 July 2025 are:
Taxable Income
Tax Rate
Tax Payable
$0 – $18,200
0% (tax-free threshold)
Nil
$18,201 – $45,000
19%
19c for each $1 over $18,200
$45,001 – $135,000
30%
$5,092 + 30c for each $1 over $45,000
$135,001 – $190,000
37%
$32,692 + 37c for each $1 over $135,000
$190,001 and over
45%
$60,342 + 45c for each $1 over $190,000
Plus Medicare Levy (generally 2% of taxable income)
Plus Medicare Levy Surcharge (0%–1.5%) if you earn above certain thresholds and don’t have private hospital cover.
Most Common Deductions & Additions (2025–26)
Item
Typical Rate / Amount (2025–26)
Notes
Medicare Levy
2% of taxable income
Most people pay this
Low Income Tax Offset (LITO)
Up to $700
Phases out above ~$37,500
Low & Middle Income Tax Offset (LMITO)
Removed (ended 2021–22)
No longer exists
Medicare Levy Surcharge
1%–1.5%
Only if high income & no hospital cover
Superannuation Guarantee
12% (from 1 July 2025)
Paid by employer on top of gross salary
Salary-sacrifice super
Varies
Reduces taxable income
HELP/HECS debt
1%–10% of income above repayment threshold
Compulsory repayment via tax
Quick Take-Home Pay Examples (2025–26, monthly pay, no HELP debt)
Annual Salary
Gross Monthly
Approx. Tax + Medicare
Take-Home Monthly
Yearly Take-Home
$50,000
$4,167
$580
$3,587
~$43,000
$70,000
$5,833
$1,090
$4,743
~$56,900
$90,000
$7,500
$1,570
$5,930
~$71,200
$120,000
$10,000
$2,500
$7,500
~$90,000
$150,000
$12,500
$3,520
$8,980
~$107,800
$200,000
$16,667
$5,800
$10,867
~$130,400
(Figures rounded and assume no HELP debt, no salary sacrifice, and full tax-free threshold)