Income Tax Calculator 2025-26
Calculate Your Take-Home Pay
Work out what your take-home pay will be after tax and the Medicare levy for the 2025-26 financial year. This calculator uses Australian resident tax rates as of March 02, 2025.
Disclaimer: The Income Tax Calculator 2025-26 provided on this website is intended for general information and illustrative purposes only. It is designed to give you an estimate of your take-home pay after income tax and the Medicare levy based on Australian resident tax rates for the 2025-26 financial year, as understood on March 02, 2025. This tool does not constitute financial, tax, or legal advice, and should not be relied upon as a substitute for professional advice tailored to your personal circumstances.
All calculations are based on simplified assumptions and publicly available tax rates sourced from the Australian Taxation Office (ATO). The results may not reflect your exact tax obligations due to factors such as tax offsets, deductions, rebates, the Medicare Levy Surcharge, or changes in tax legislation after March 02, 2025. We do not guarantee the accuracy, completeness, or reliability of the information provided by this calculator. Any actions you take based on the results are at your own risk, and we are not liable for any losses or damages arising from the use of this tool.
For official tax information and personalized advice, please consult the Australian Taxation Office (ATO) or a qualified tax professional. The tax rates and assumptions used in this calculator are derived from the ATO’s published guidelines, available at: https://www.ato.gov.au/rates/individual-income-tax-rates/. This disclaimer is adapted from general principles provided by the ATO and is not authored by us.
The estimated tax on your taxable income is $0
Summary
Results frequency:
Your taxable income: $0
Income tax payable: $0
Medicare levy payable: $0
Your income after tax & Medicare levy: $0
Your marginal tax rate: 0%
This means for an annual income of $0 you pay:
No tax on income between $1 - $18,200: $0
16c for every dollar between $18,201 - $45,000: $0
30c for every dollar between $45,001 - $135,000: $0
Income tax payable: $0
2025-26 Income Tax Rates
The table below shows the 2025-26 income tax rates for Australian residents aged 18 and over, effective from July 1, 2025. It does not include the Medicare levy of 2%.
| Taxable Income Range | Tax Rate | Tax Payable |
|---|---|---|
| $0 - $18,200 | 0% | Nil |
| $18,201 - $45,000 | 16% | 16c for each $1 over $18,200 |
| $45,001 - $135,000 | 30% | $4,288 plus 30c for each $1 over $45,000 |
| $135,001 - $190,000 | 37% | $31,288 plus 37c for each $1 over $135,000 |
| $190,001 and over | 45% | $51,638 plus 45c for each $1 over $190,000 |
Example: If you earn $60,000 in 2025-26:
- First $18,200: $0
- $18,201 - $45,000: $4,288 (16% of $26,800)
- $45,001 - $60,000: $4,500 (30% of $15,000)
- Total Tax: $8,788 (excluding Medicare levy)
About Income Tax
In most cases, your employer will deduct income tax from your wages and pay it to the Australian Taxation Office (ATO). This calculator helps you estimate your net pay after these deductions and the Medicare levy.
Taxable Income
Your taxable income is the income you must pay tax on, including money from:
- Employment (salary and wages)
- Business profits
- Investments (interest, dividends)
- Rental properties
For more details, visit the ATO’s guide on income you must declare.
Reducing Your Tax
You may reduce your tax through:
- Tax Deductions: Expenses like work-related costs (see ATO deductions).
- Tax Offsets: Rebates that reduce tax payable (see ATO offsets).
- Salary Packaging: Trading salary for benefits like superannuation or car payments.
Need Help?
If you earn $60,000 or less, you may qualify for the ATO’s free Tax Help program (July to October). For other support, consider the National Tax Clinic program or a professional accountant.
Calculator Assumptions
This calculator:
- Uses 2025-26 tax rates for Australian residents.
- Includes a 2% Medicare levy (individual rates, not family-adjusted).
- Does not account for tax offsets, rebates, or the Medicare Levy Surcharge (1%-1.5% for high earners without private health insurance).
