Australian Income Tax Calculator
Calculate your take-home pay after Australian income tax, Medicare Levy, and HECS-HELP repayments for FY 2026-27.
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%
ATO Tax Brackets 2026-27 (Stage 3 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.
Frequently Asked Questions
Everything you need to know, in one place.
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.
Related Calculators
View all →Found this helpful?
Share it with a friend — they'll probably find it useful too.