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πŸ’° Paycheck Calculator

Calculate your take-home pay after income tax and Medicare levy.

Salary Details

Net Pay
β€”
Gross Pay β€” Tax Withheld β€”
Annual Breakdown
Gross Annualβ€”
Income Taxβ€”
Medicare Levy (2%)β€”
Net Annualβ€”
Effective Tax Rateβ€”

ℹ️ Note β€” This calculation uses 2024-25 tax rates. Your actual tax may differ depending on your personal circumstances.

GUIDE

Learn more

01

Australian Income Tax System

Australia uses a progressive tax system β€” the higher your income, the higher the marginal rate. For 2024-25, the first $18,200 of income is tax-free.

02

Medicare Levy

Most Australian residents pay a 2% Medicare levy on their taxable income to help fund the public health system.

03

Tax Deductions

You can reduce the tax you actually pay by claiming work-related expenses, charitable donations and other eligible deductions.

04

Superannuation

Employers pay 11.5% of your salary into super on top of your wage (not deducted from this take-home figure).

05

PAYG Withholding

Employers withhold tax from each pay and remit it to the ATO on your behalf throughout the year.

06

Tax Refunds

Lodging an annual tax return can return any tax you overpaid during the year.

Frequently asked questions

How much is the Medicare levy?
Most Australian residents pay a 2% Medicare levy on taxable income. It is included in this calculator.
Is superannuation deducted from my pay?
No. Superannuation is paid by your employer on top of your salary (11.5%), not deducted from it. It is not included in this take-home figure.