Estimate annual take-home pay from your income tax (from the income tax calculator), Medicare levy and HELP repayment.
This calculator adds up the three amounts most employees lose from gross pay: income tax, the Medicare levy and, if you have a study loan, the compulsory HELP repayment. Work out the income tax figure first with the 2026–27 income tax calculator, which applies the resident brackets for you, or by hand from the table below; enter it here and the tool applies the Medicare levy and subtracts everything.
Step 1 – income tax (2026–27 resident rates):
| Taxable income | Tax on this income |
|---|---|
| $0 – $18,200 | Nil |
| $18,201 – $45,000 | 15c for each $1 over $18,200 |
| $45,001 – $135,000 | $4,020 plus 30c for each $1 over $45,000 |
| $135,001 – $190,000 | $31,020 plus 37c for each $1 over $135,000 |
| $190,001 and over | $51,370 plus 45c for each $1 over $190,000 |
Subtract the low income tax offset if your income is under $66,667 (see the LITO guide).
Step 2 – HELP: for 2026–27, nil up to $69,528 of repayment income, then 15c per $1 above that (higher bands apply above $129,717; see the HELP guide).
Worked example (illustrative): taxable income $85,000. Tax = $4,020 + 30% × $40,000 = $16,020; no LITO. Medicare levy 2% = $1,700. HELP = 15% × ($85,000 − $69,528) = $2,320.80. Take-home ≈ $85,000 − $16,020 − $1,700 − $2,320.80 = $64,959.20.
Limits: assumes an Australian resident for the full year with no other offsets, no Medicare levy surcharge and repayment income equal to taxable income. PAYG withholding during the year can differ slightly from the final assessment. General information only, not tax advice; check rates on ato.gov.au.
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