2026-27 tax brackets
- $0–$18,200 — nil
- $18,201–$45,000 — 15%
- $45,001–$135,000 — 30%
- $135,001–$190,000 — 37%, above — 45%
Thrivelance Tools
Australia Salary Calculator 2026-27
Calculate your take-home pay after income tax, the 2% Medicare levy, and HELP/HECS repayments for the 2026-27 financial year, plus your 12% superannuation.
Enter your details
Figures shown annually, monthly, and fortnightly.
| Breakdown | Annual | Monthly | Fortnightly |
|---|---|---|---|
| Gross salary | |||
| Income tax | |||
| Medicare levy (2%) | |||
| HELP/HECS | |||
| Take home pay |
Superannuation (12%)
Effective tax rate
Medicare levy
Most taxpayers pay a 2% Medicare levy on taxable income. A reduced rate applies just above the low-income threshold, which this calculator shades in.
HELP/HECS repayments
If you have a study loan, repayments begin once income passes the threshold (around $67,000) and rise with income. Tick the box to include them.
Superannuation
From 1 July 2025 the super guarantee is 12% of ordinary earnings, paid by your employer into your fund — it is shown separately, not deducted from take-home.
Boost super or run a business?
See the trade-off of extra super in the Salary Sacrifice Calculator, or estimate quarterly GST with the BAS & GST Calculator.
FAQ
Common questions about this calculator.
What are the 2026-27 tax brackets?
Income up to $18,200 is tax-free, then 15% to $45,000, 30% to $135,000, 37% to $190,000, and 45% above. The second bracket drops from 16% to 15% on 1 July 2026.
Is superannuation deducted from my pay?
No. The 12% super guarantee is paid by your employer on top of your salary, so it does not reduce your take-home pay. It's shown separately here.
What is the Medicare levy?
Most taxpayers pay a 2% Medicare levy on taxable income, with a reduced rate just above the low-income threshold.
When do I repay HELP/HECS?
Study loan repayments start once your income passes the threshold (around $67,000) and increase with income. Tick the HELP box to include them.