Aussie Finance Tools

Australia Take-Home Pay Calculator (2026-27)

Enter your salary to see your net pay after income tax, the Medicare levy and HELP/HECS — with a full breakdown and your employer super shown separately.

Tax year 2026-27 Last updated Draft data — verify before use
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Deductions & options +

Your take-home pay

$63,880 per year 80% kept
80% you keep
  • 79.8% Take-home pay $63,880
  • 18.1% Income tax $14,520
  • 2.0% Medicare levy $1,600
Gross salary
$80,000
Total tax
−$16,120
+ Employer super (12.0%)
$9,600
Effective rate20% Marginal rate30%

How this is calculated

Your take-home pay is your gross salary minus income tax, the Medicare levy and any compulsory HELP/HECS repayment. Employer superannuation is paid on top of your salary and does not reduce your take-home pay.

For the 2026-27 year, resident income tax is applied progressively 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%

The Medicare levy is 2% of taxable income, reduced for low-income earners through a phase-in band. HELP/HECS repayments, when enabled, apply a rate based on your income.

Assumptions & data caveats
  • DRAFT — VERIFY EVERY NUMBER against the ATO before launch. These figures are Claude-drafted for scaffolding, not confirmed 2026-27 rates.
  • Income-tax brackets reflect the legislated Stage-3 schedule with the second bracket reduced to 15% from 1 July 2026 — confirm this took effect and no further changes apply.
  • Medicare levy low-income thresholds are indexed annually; the values here are placeholders (approx. 2024-25 single thresholds) and must be replaced with the 2026-27 singles thresholds.
  • HELP/HECS repayment is modelled with the traditional flat-rate-by-band method. From 2025-26 the ATO moved to a marginal repayment system with a higher first threshold (~$67,000). Confirm which system and thresholds apply for 2026-27 and update the calculator methodology if needed.
  • Super guarantee is set to 12% (legislated maximum from 1 July 2025). Confirm for 2026-27.
  • Repayment income is approximated as taxable income; the ATO definition adds back items such as reportable fringe benefits and net investment 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 is take-home pay? +

Take-home pay (net pay) is what lands in your bank account after income tax, the Medicare levy, and any HELP/HECS repayment are deducted from your gross salary. It excludes employer superannuation, which is paid on top of your salary into your super fund.

Is superannuation included in my salary? +

Employer super (the super guarantee) is paid on top of your gross salary, not deducted from it — so it does not reduce your take-home pay. This calculator shows the employer contribution separately. If you salary-sacrifice extra into super, enter it as a pre-tax deduction.

How is the Medicare levy calculated? +

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, reaching the full 2% at an upper threshold. The Medicare levy surcharge (for higher earners without private hospital cover) is not included here.

Does this include HELP/HECS repayments? +

Yes, optionally. Turn on the HELP/HECS toggle and the calculator adds a compulsory study-loan repayment based on your income. Repayment rates and thresholds are set by the ATO and change each year.

Are these figures exact? +

No — they are estimates. Results depend on rates and thresholds that change annually and on personal circumstances (offsets, other income, deductions) not captured here. Always confirm with the ATO or a registered tax agent before making decisions.

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