TaxCalc
Australian residents pay different rates of tax to foreign residents. In addition, foreign residents do not pay the Medicare Levy or receive the Low Income Tax Offset (LITO).
To determine your residency status, see the rules on the ATO website
The Higher Education Loan Program (HELP - previously HECS) is a student loan program where the loans are repayed once your income falls within the repayment thresholds.
Also tick this box if you have an SSL, ABSTUDY SSL or TSL loan.
The Seniors and Pensioners Tax Offset (SAPTO) is a tax offset that is available for retirees who meet certain eligibility criteria.
For the purposes of this calculation, this site assumes you are Single and your Rebate Income equals your Taxable Income.
Tax Rates for 2024-2025:
Taxable Income |
Tax on this income |
$0 – $18,200 |
Nil |
$18,201 – $45,000 |
16c for each $1 over $18,200 |
$45,001 – $135,000 |
$4,288 plus 30c for each $1 over $45,000 |
$135,001 – $190,000 |
$31,288 plus 37c for each $1 over $135,000 |
Over $190,000 |
$51,638 plus 45c for each $1 over $190,000 |
Compulsory superannuation rate: 11.5% |
|
Non Residents
Taxable Income |
Tax on this income |
$0 – $135,000 |
30c for each $1 |
$135,001 – $190,000 |
$40,500 plus 37c for each $1 over $135,000 |
Over $190,000 |
$60,850 plus 45c for each $1 over $190,000 |
Compulsory superannuation rate: 11.5% |
|
Summary:
 |
Base income: | $ |
Tax on income: | $ |
|
Medicare Levy: | $ |
|
HELP repayments: | $ |
|
SAPTO: | $ |
|
Low Income Tax Offset: | $ |
|
Total tax: | $ |
|
Net income: | ||
per annum: | $ |
|
per month: | $ |
|
per week: | $ |
Tax cut from previous year: |
$ |
per annum |