What tax year does this calculator cover?

This calculator uses 2024-25 ATO Stage 3 rates: a tax-free threshold of $18,200, then 16% on $18,201-$45,000, 30% on $45,001-$135,000, 37% on $135,001-$190,000, and 45% on income above $190,000. The Medicare Levy of 2% applies to taxable income.

What is the Medicare Levy and who pays it?

The Medicare Levy is generally 2% of taxable income. For 2024-25, an individual without dependants pays no levy at or below $27,222; above that threshold, the levy is the lesser of 10% of the excess and 2% of taxable income. Family and pensioner thresholds differ. The Medicare Levy Surcharge is not included here.

Does this calculator include the Low Income Tax Offset (LITO)?

This calculator focuses on the core ATO tax bracket and Medicare Levy calculation. The Low Income Tax Offset (LITO) is applied by the ATO when you lodge your return but is not modeled here, so your actual refund at tax time may differ.

Does this cover non-residents or foreign income?

No. This calculator applies Australian resident tax rates only. Foreign residents have no tax-free threshold, use different tax brackets, and generally do not pay the Medicare Levy for periods when they are not an Australian resident. Non-resident calculations are not supported here.

Are HECS-HELP or student loan repayments included?

No. HECS-HELP compulsory repayments depend on your repayment income and the applicable threshold for the year. They are not included in this calculator. Check the ATO website for the current HECS-HELP repayment rates.

How accurate is this estimate?

The estimate is based on the 2024-25 ATO resident tax brackets and the standard 2% Medicare Levy. It does not account for offsets (such as LITO), surcharges, deductions, investment income, or other credits. Use it as a planning guide — consult a registered tax agent for a precise figure.

Australia Income Tax Calculator

Enter your gross income to instantly see your Australian income tax, Medicare Levy, and net take-home pay for the 2024-25 financial year.

Your Income Details

Gross Income

Based on 2024-25 ATO resident tax brackets. Does not include LITO, HECS-HELP, Medicare Levy Surcharge, or non-resident rates.

Gross Income

$75,000

Income Tax

Medicare Levy

Take-Home

Annual vs Monthly Breakdown

Item	Annual	Monthly
Enter your income above and click Calculate.

Income Tax Band Breakdown

Enter your income to see the ATO band breakdown.

How Your Income Is Allocated

Enter your income to see the allocation chart.

Summary

This calculator estimates your Australian income tax and Medicare Levy for the 2024-25 financial year using the latest ATO tax brackets and rates. Enter your gross annual or monthly income and choose your pay period. The tool applies the resident tax brackets — including the tax-free threshold of $18,200 — and the Medicare Levy with the 2024-25 low-income threshold of $27,222 for an individual without dependants. The result shows gross income, income tax, Medicare Levy, and net take-home pay broken down annually and monthly. It covers residents only and does not include the Medicare Levy Surcharge, private health rebates, HECS-HELP repayments, or state-based taxes.

How it works

Enter your gross income and choose whether it is annual or monthly.
The calculator applies the 2024-25 ATO resident income tax brackets to compute income tax.
The Medicare Levy is nil up to $27,222, then phases in until the standard 2% levy is lower.
Your gross income, total tax, Medicare Levy, and net take-home pay are displayed instantly.
Annual and monthly breakdowns are shown side by side for easy paycheck planning.
The tax band breakdown shows exactly how each ATO bracket contributes to your total tax.

Use cases

Estimate how much of your Australian salary you keep after tax.
Compare take-home pay across different salary offers or pay rises.
Understand which ATO tax bracket your income falls into.
Calculate the Medicare Levy amount included in your tax bill.
Plan a budget based on your net monthly income.
Verify whether your employer PAYG withholding looks correct.
Model the tax impact of a bonus or additional freelance income.
Compare pre-tax and post-tax income when negotiating a salary package.

Frequently Asked Questions

Last updated: 2026-05-23 · Reviewed by Nham Vu