Australian Income Tax Calculator
Calculate your take-home pay after Australian income tax, Medicare Levy, and HECS-HELP repayments for FY 2026-27. Free, no sign-up, results update as you type.
Income Details
Tax & Take-Home (FY 2026-27)
Monthly Take-Home
A$6,151
Income Tax
A$19,288
Medicare Levy
A$1,900
HECS-HELP
A$0
Total Tax
A$21,188
Annual Take-Home
A$73,812
Fortnightly
A$2,839
Effective Rate
22.30%
For estimation only. Not professional financial, tax, or legal advice. Consult a qualified advisor before making decisions. Full disclaimer.
ATO Tax Brackets 2026-27 (Stage 3 Rates)
Rates are published by the Australian Taxation Office (Individual income tax rates).
| Income | Rate |
|---|---|
| $0 – $18,200 | Tax-free |
| $18,201 – $45,000 | 16% |
| $45,001 – $135,000 | 30% |
| $135,001 – $190,000 | 37% |
| Above $190,000 | 45% |
Plus 2% Medicare Levy on most earners. Medicare Levy Surcharge (1-1.5%) applies to higher earners without private hospital cover. HECS-HELP repayments are calculated on taxable income (not "repayment income" — check your specific situation).
Stage 3 — what changed?
From 1 July 2024: 19% rate dropped to 16%, 32.5% to 30%, and the 37% threshold raised to $135k. Most Australians earning $50k-$150k are several thousand dollars per year better off.
Common questions about Income Tax
What are the FY 2026-27 Australian tax brackets?+
After Stage 3 tax cuts: $0-$18,200 tax free, $18,201-$45,000 @ 16%, $45,001-$135,000 @ 30%, $135,001-$190,000 @ 37%, above $190,000 @ 45%. Plus 2% Medicare Levy on most earners.
What is the Medicare Levy?+
2% of taxable income for most Australians. Reduced or waived if your income is below the threshold (~$27,222 for singles). Medicare Levy Surcharge (1-1.5%) applies to higher earners without private hospital cover.
How does HECS-HELP repayment work?+
Repayment rate depends on your income, from 0% below $54,435 to 10% above $159,663 (2026-27 projected). Paid through PAYG withholding automatically.
What deductions can Australian employees claim?+
Work-related expenses: uniforms with logos, laundry of those uniforms, tools and equipment (full deduction under $300; depreciated over effective life above). Home office running costs using the ATO 67c/hour fixed method or actual method. Self-education directly related to current role. Professional memberships and union fees. Income protection insurance premiums. Donations $2+ to DGR-registered charities. Tax agent fees. Keep receipts 5 years. myDeductions app inside the ATO app helps.
When do I have to pay the Medicare Levy Surcharge?+
Singles earning above $97,000 (2026-27 thresholds) and families above $194,000 pay MLS of 1.0%-1.5% of taxable income UNLESS they hold a registered "appropriate level" private hospital cover for the full income year. Basic hospital cover starts around $1,000-$1,500/year — often cheaper than the MLS for high earners. The surcharge is pro-rated for days uninsured. Extras-only policies don't exempt you. Lifetime Health Cover loading adds 2% per year if you delay joining past age 31.
How do franking credits affect my tax return?+
Australian company dividends come with franking credits attached (representing the 30% company tax already paid). You gross up your dividend to include the credit, calculate tax at your marginal rate, then deduct the franking credit. Result: low-marginal-rate investors (retirees in super, 0% bracket earners) can receive refunds. Self-funded retirees drawing from account-based pensions (0% tax) get full credit refunds. High earners (37%+) still owe top-up tax, but effective rate is reduced.