What tax year does this calculator cover?

This calculator uses 2024-25 ATO rates: a tax-free threshold of $18,200, then 19% on $18,201-$45,000, 32.5% on $45,001-$120,000, 37% on $120,001-$180,000, and 45% on income above $180,000. The Medicare Levy of 2% applies to taxable income.

What is the Medicare Levy and who pays it?

The Medicare Levy is a 2% tax on your taxable income that funds Australia's public healthcare system. A reduction applies if your income is below $26,000 — the levy phases in between $23,365 and $26,000. High-income earners without private hospital cover may also pay the Medicare Levy Surcharge, which 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) and Low and Middle Income Tax Offset (LMITO) are applied by the ATO when you lodge your return but are 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. Non-residents pay a flat 32.5% on the first $120,000 (no tax-free threshold) and different rates above that. 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 (LITO, LMITO), 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

Name: Australia Income Tax Calculator
Availability: InStock
Author: Nham Vu

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

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

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.
A Medicare Levy of 2% is applied, with a reduction for incomes below $26,000.
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

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