Estimate your net pay from a salary or hourly rate. Adjust super, deductions, Medicare, MLS and HECS/HELP.
Not affiliated with the ATO or the Australian Government. This tool provides estimates only.
Enter your salary, adjust the settings, and see the results update automatically.
OzMoneyTools uses ATO-published rates and thresholds for the selected tax year. It’s still an estimate: rounding, simplified rules, and missing offsets/exemptions can shift the final amount.
If you need exact withholding for a particular pay run, check the ATO’s tax withheld tables or your payroll output.
Many payroll systems calculate PAYG withholding using per‑pay schedules (weekly, fortnightly, monthly). That can come out slightly different to an “annual average” estimate, mostly because of rounding and the way the pay‑period formulas work.
Your tax return is where everything is reconciled — that’s when offsets and your full circumstances are applied.
Some financial years contain an extra payday for weekly/fortnightly cycles (it depends on your first pay date). If you’re paid weekly or fortnightly, that can mean one additional payment in that year.
OzMoneyTools uses the standard 52‑week / 26‑fortnight approximation. If your employer spreads an annual salary across the exact number of pays, enter the annual salary and use the summary frequency just for display.
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Take-home pay is the amount left from your gross salary after income tax and other compulsory deductions. In Australia, the main items are income tax, Medicare levy, Medicare Levy Surcharge (if applicable), and HECS/HELP repayments if you have a study loan.
OzMoneyTools starts with your cash salary, subtracts annual deductions to estimate taxable income, applies the selected tax year’s resident or foreign-resident tax brackets, then averages the result across your chosen pay frequency.
If your salary package includes super, the calculator first estimates the cash salary portion of the package. That matters because “$100,000 including super” is not the same as “$100,000 plus super”.
A $72,000 annual salary is $6,000 per month before tax. For an Australian resident in 2025-26, income tax is estimated across the tax-free threshold, the 16% bracket, and the 30% bracket.
The calculator then adds Medicare levy where selected, applies HECS/HELP if enabled, and shows the net result by month, fortnight, week or year. Your exact payroll withholding can differ because employers use pay-period withholding schedules and rounding.
OzMoneyTools is designed for planning and comparison. It uses year-specific Australian tax settings, but payroll withholding can differ due to rounding, offsets, reportable amounts, and employer payroll methods. Use this calculator to compare scenarios, then sense-check with your payslip and official ATO resources.