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Income Tax Calculator

Find out how much
tax you'll pay

Use our simple personal tax calculator to see how much tax you’ll likely pay on your income. The calculator lets you select either the 2019-20 or 2020-21 financial year.

Select the current financial year to see how your tax situation has changed compared to last year. The calculator takes into account the recent Federal Government tax relief measures, so you can see the effect of this on your tax for 2020-21.

It’s also a good idea to use the calculator to check your employer is taking out the correct amount of tax from your pay. If the tax withheld amount from the calculator doesn’t match up, check with your employer to find out why.

Note, click the “Customise your tax settings” button if you are claiming an exemption from the Medicare levy, you have a HELP / HECs debt, or if you are claiming a tax offset.

How much can you save from the Federal Government tax relief measures?

The Federal Government have made a number of tax changes for 2020-21 designed to bring tax relief to low and middle-income earners.

Scenario

Jessica earned $80,000 in 2019-20 and paid $18,067 in tax. In 2020-21, she will pay $16,987 tax on the same income amount, for a saving of $1,080.

Use the calculator to see how much your tax may change this year.

Reduce your taxable income with salary sacrifice

Adding to your super by making salary sacrifice contributions is a great way to add to your retirement savings while saving on tax today. Salary sacrifice is before tax, so it reduces the amount of income you are taxed on. Earnings on superannuation are also usually taxed at a lower rate than your income.

Try adding different amounts to your super with the calculator to see how much you could save on tax with salary sacrifice.