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Aussie Finance Tools

Australian Income Tax Calculator (2026-27)

See income tax and the Medicare levy on your taxable income, plus your effective and marginal rate, instantly.

Tax year 2026-27 Last updated Draft data: verify before use

This is income tax and the Medicare levy on your taxable income. It does not add HELP/HECS (use the HECS/HELP calculator for that) and excludes offsets and the Medicare levy surcharge.

Income after tax

$70,680 per year 79% kept
79% you keep
  • 78.5% After-tax income $70,680
  • 19.5% Income tax $17,520
  • 2.0% Medicare levy $1,800
Taxable income
$90,000
Total tax + levy
−$19,320
After tax, per month
$5,890
Effective rate21% Marginal rate30%

How this is calculated

Australian income tax is progressive: each rate applies only to the income that falls inside its bracket, so your first $18,200 is always tax-free no matter how much you earn. On top of income tax, most people pay a 2% Medicare levy on taxable income, reduced for low-income earners through a phase-in band.

For 2026-27, resident income tax applies across these brackets:

Taxable income Rate on income in band
$0 – $18,199 0%
$18,200 – $44,999 15%
$45,000 – $134,999 30%
$135,000 – $189,999 37%
$190,000 and over 45%

Effective vs marginal rate

On a $90,000 taxable income the tax is about $17,520 plus a $1,800 Medicare levy, around $19,320, or an effective rate near 21%. Yet the marginal rate (the rate on your next dollar earned) is 30%. The gap matters: a pay rise or extra shift is taxed at the marginal rate, not your average, which is why the calculator shows both.

Income tax on common salaries (2026-27)

Income tax plus the 2% Medicare levy on a range of taxable incomes, and what you keep after both. HELP/HECS and offsets are not included.

Taxable income Income tax Medicare After tax Effective
$60,000 $8,520 $1,200 $50,280 16.2%
$80,000 $14,520 $1,600 $63,880 20.2%
$100,000 $20,520 $2,000 $77,480 22.5%
$120,000 $26,520 $2,400 $91,080 24.1%
$150,000 $36,570 $3,000 $110,430 26.4%

Who this is for

Anyone estimating tax on a taxable income figure (a salary, a side income, or a projected total for the year). For your full pay packet including employer super and any study loan, use the take-home pay calculator; for the study-loan portion on its own, see the HECS/HELP calculator. For the full bracket rules, read the income tax brackets guide, and for how the levy is calculated, see the Medicare levy guide.

Assumptions & data caveats
  • STILL DRAFT (draft:true). Verified against ATO on 2026-08-09: income-tax brackets, HELP/HECS marginal model, and super guarantee. NOT yet verifiable: Medicare levy low-income thresholds for 2026-27 (not published; placeholder in place).
  • INCOME TAX: VERIFIED for 2026-27. Resident schedule: 0-$18,200 nil; $18,201-$45,000 15%; $45,001-$135,000 30%; $135,001-$190,000 37%; $190,001+ 45%. The second bracket was cut from 16% to 15% effective 1 July 2026 (legislated to fall to 14% from 1 July 2027).
  • MEDICARE LEVY: UNVERIFIED for 2026-27. Rate 2%; singles shade-in of 10c per $1 over the lower threshold. The genuine 2026-27 singles thresholds are NOT yet published (indexed annually, typically announced ~May 2027 Budget). Values here ($28,011 lower / $35,013 upper) are the latest published 2025-26 singles figures used as a placeholder; replace once the ATO publishes 2026-27.
  • HELP/HECS: now modelled with the MARGINAL system (2025-26 onwards): the rate applies only to income ABOVE each threshold, and total repayment is capped at 10% of repayment income (helpCapRate). Verified 2026-27 table: $0-$69,528 nil; $69,529-$129,717 15c per $1 over $69,528; $129,718-$186,050 $9,028 + 17c per $1 over $129,717; $186,051+ capped at 10% of total. Thresholds are indexed to average weekly earnings each year; reconfirm annually.
  • SUPER GUARANTEE: VERIFIED. 12% for 2026-27 (reached its legislated 12% maximum on 1 July 2025; no further increases). Payday Super applies from 1 July 2026 (payment timing, not the rate).
  • Repayment income is approximated as taxable income; the ATO definition adds back items such as reportable fringe benefits, reportable super contributions and net investment/rental losses.

Official sources

Disclaimer: This calculator provides estimates only and is not financial, tax, or legal advice. Figures are general in nature and may not reflect your circumstances. Verify against official sources or a qualified adviser before making decisions.

Frequently asked questions

What are the 2026–27 income tax rates? +

For Australian residents in 2026–27: nil on the first $18,200; 15% from $18,201 to $45,000; 30% from $45,001 to $135,000; 37% from $135,001 to $190,000; and 45% above $190,000. The second bracket was cut from 16% to 15% on 1 July 2026 and is legislated to fall again to 14% from 1 July 2027.

How does progressive tax work? +

Each rate applies only to the income that falls within its bracket, not to your whole income. So someone earning $50,000 pays nothing on the first $18,200, 15% on the next $26,800, and 30% only on the last $5,000, not 30% on everything. That is why your average (effective) rate is always lower than your top (marginal) rate.

What is the Medicare levy? +

Most taxpayers pay a 2% Medicare levy on taxable income. Low-income earners pay a reduced levy that phases in gradually above a lower threshold. This tool applies the 2% rate with the phase-in; it does not include the Medicare levy surcharge, which applies to higher earners without private hospital cover.

Does this include HELP/HECS or offsets? +

No. This calculator covers income tax and the Medicare levy only. It does not add compulsory HELP/HECS repayments (use the HECS/HELP calculator) and does not apply tax offsets such as the low-income tax offset, which can reduce the tax actually payable.

Are these figures exact? +

They are estimates. Income tax brackets for 2026–27 are legislated and verified, but the Medicare levy low-income thresholds for 2026–27 are not yet published; a placeholder is used until the ATO releases them. Confirm your position with the ATO or a registered tax agent.

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