Take-home pay calculator 2026–27
Work out your take-home pay after income tax, the Medicare levy and any study loan repayment, with a bonus and a one-off payment, and every step of the sum shown.
Paid with that month's ordinary pay. Income tax, the Medicare levy and any study loan repayment are worked out on your income for the whole income year, the payment included.
Not yet included: work-related expenses you claim beyond the standard deduction, other deductions, salary sacrifice, packages quoted including super, the Medicare levy surcharge, family Medicare reductions, the tax-free threshold claim and Medicare levy variation on a withholding declaration (they change what is withheld from each pay, not the tax for the year), and the amount withheld from a bonus on the day.
Every figure here is your ordinary pay spread evenly. A bonus or one-off payment is shown below, and in the worked calculation.
Where your $80,000 goes
| Year | Month | Week | |
|---|---|---|---|
| Gross pay | $80,000.00 | $6,666.67 | $1,538.46 |
| Income tax | −$14,220.00 | −$1,185.00 | −$273.46 |
| Medicare levy | −$1,580.00 | −$131.67 | −$30.38 |
| Take-home pay | $64,200.00 | $5,350.00 | $1,234.62 |
Every step of your take-home pay
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.
These are the figures of your tax assessment for the year. Your employer withholds tax from each pay on the ATO's withholding schedules, which round each pay and build the levy and the offset into one amount, so a year of payslips can differ slightly from these figures; your tax return squares up the difference. The super your employer must pay goes into your super fund on top of your pay and is never taken from it. Your tax return asks for whole dollars, so the ATO's assessment can differ from these figures by a few cents; this page taxes the exact amount you enter.
Common questions
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.
How much is the Medicare levy?
2% of your taxable income. There is none at or below $28,011; above that it is shaded in, so it is never more than 10% of your income over that threshold, until it reaches the full rate at $35,013.
What is the standard deduction for work-related expenses?
From the 2026–27 income year an employee can deduct $1,000 of work-related expenses without keeping receipts or claiming anything (Income Tax Assessment Act 1997 s.25-130). It is applied automatically, and never more than your pay from work. If you claim actual work-related expenses, the standard deduction is reduced by what you claim, so claims above $1,000 replace it. This page applies the standard deduction and asks about no claims.
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.