Tax Calculator for Australia Australia

Gross and Net Income

Yearly Monthly
Gross Income
Net Income Please enter salary

Use the salary calculator above to quickly find out how much tax you will need to pay on your income. Simply enter your annual or monthly gross salary to get a breakdown of your taxes and your take-home pay.

Gross Income
is the sum of all your earnings before any taxes have been deducted, minus any exemptions.
Net Income
is the money you take home after all taxes and contributions have been deducted from your gross salary.

Income Taxes

Yearly Monthly
Income Tax
Medicare Levy
Low Income Tax Offset
Low and Middle Income Tax Offset
Tax Due Please enter salary
Tax Due
is the sum of all taxes and contributions that will be deducted from your gross salary.

The deductions used in the above tax calculator assume you are not married and you have no dependants.

Taxation in Australia

Income Tax
is a progressive tax, meaning that individuals with higher wages will be taxed more than individuals with lower wages.
Medicare Levy
is a contribution that enables access to the national health care system for Australian residents. Non-residents are exempt from this levy.
Low Income Tax Offset
is an allowance that reduces the amount of tax for Australian residents with lower earnings.
Low and Middle Income Tax Offset
helps low and middle-income earners reduce the amount of tax they pay.

The information presented here is based on the fiscal regulations in Australia in 2021. Visit ato.gov.au for more details.

Financial Facts About Australia

The average monthly net salary in Australia is around 4 831 AUD, with a minimum income of 1 120 AUD per month. This places Australia on the 15th place in the International Labour Organisation statistics for 2012.

Australia uses a pay-as-you-go (PAYG) tax withholding system, meaning that tax is deducted from an employee's salary at source. Employers must calculate the amount of Income Tax and Medicare Levy to withhold based on the employee's declaration. Income tax on personal income is progressive, with higher rates being applied to higher income levels.

Australia is the second most livable country in the world, after Norway, according to the Human Development Index (HDI) published by the United Nations in 2013. The HDI provides a composite measure of three basic dimensions of human development: having a long and healthy life, being knowledgeable, and having a good standard of living.

Australia has one of the highest proportion of immigrants in the western world, with about a quarter of its population born overseas. Most immigrants come from the United Kingdom, New Zealand, China and India. It is estimated that by the year 2050, approximately one-third of Australia's population could be born outside its borders.

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