Pay rise calculator 2026–27
See what a pay rise really adds to your monthly take-home pay after income tax, the Medicare levy and any study loan.
Different rises on $80,000
| Rise | Before tax | After tax a year | A month (the year ÷ 12) | Kept |
|---|---|---|---|---|
| 2% | $1,600.00 | $1,088.00 | $90.67 | 68.0% |
| 3% | $2,400.00 | $1,632.00 | $136.00 | 68.0% |
| 4% | $3,200.00 | $2,176.00 | $181.33 | 68.0% |
| 5% | $4,000.00 | $2,720.00 | $226.67 | 68.0% |
| 10% | $8,000.00 | $5,440.00 | $453.33 | 68.0% |
What these figures are, and what they are not
Your taxable income for the income year, 1 July to 30 June, is your pay less the standard deduction for work-related expenses, which an employee gets without claiming anything. Income tax is charged on it on the resident tax scale, which starts with a tax-free threshold. The Low Income tax offset comes off your income tax, and never off the Medicare levy. The Medicare levy is charged on the same taxable income and shaded in for low incomes. A HELP or other study loan repayment is a share of your repayment income above the minimum repayment income.
Common questions
Will a pay rise push me into a higher tax bracket?
Only the part of your income inside each bracket is taxed at that bracket's rate. Your whole salary never moves into a higher bracket. Below the cut-out a rise also reduces the Low Income tax offset, which this page includes.
How is income tax worked out in Australia?
As a resident you pay nothing on the first $18,200 of taxable income. Above it the rate starts at 15% and rises through the scale's brackets to 45% on income over $190,000. Only the part of your income inside each bracket is taxed at that bracket's rate.
What is the Low Income tax offset?
An offset of up to $700 that comes off your income tax, never off the Medicare levy. It is the full amount up to $37,500 of taxable income, then reduces until it reaches nothing at $66,667. It cannot take your income tax below nil.
MyNetIncome gives estimates, not tax or financial advice. Figures follow the Australian Taxation Office's rules for the 2026–27 income year; your payslip can differ because of how your employer withholds tax, your pay dates or deductions this page does not ask about. Not affiliated with or endorsed by the ATO.Estimates, not tax or financial advice. Your payslip can differ. Not affiliated with the ATO.