2026-27 income year · ATO rates
Australia Income Tax Calculator 2026-27Your Take-Home Pay
Includes the cut from 16% to 15% from 1 July 2026, the low income tax offset and the Medicare levy.
Your take-home pay
A$74,080
A$6,173 / month · A$2,849 every two weeks
| Gross salary | A$95,000 |
| Income tax (after low income tax offset) | −A$19,020 |
| Medicare levy (2%) | −A$1,900 |
| Total tax & contributions | A$20,920 |
| Average / marginal rate | 22.0% / 32.0% |
Have income or property in India? Rent, NRO interest or a property sale is taxed in India too — and you may be owed a TDS refund. Free NRI tax check
What this calculator assumes
- Resident rates for 2026-27: 0% to $18,200, 15% to $45,000, 30% to $135,000, 37% to $190,000, 45% above.
- Low income tax offset up to $700; Medicare levy 2% with the single low-income threshold ($28,011).
- Not included: HELP/HECS repayments, Medicare levy surcharge, other offsets. Super is paid by your employer on top of salary.
- An estimate for planning — the ATO works out your final tax when you lodge.
Frequently asked questions
What changed on 1 July 2026?
The tax rate on income between $18,201 and $45,000 fell from 16% to 15%, saving up to about $268 a year.
What is the Medicare levy?
2% of taxable income for most residents, on top of income tax. Low-income earners pay less or nothing.
What is the low income tax offset?
Up to $700 off your tax if you earn $37,500 or less, reducing gradually until it cuts out at $66,667.
I'm Indian and live in Australia — do I pay tax in India too?
Your Australian salary isn't taxed in India while you are an NRI. Indian rent, NRO interest or property sales are taxed in India, and Australia usually gives a foreign income tax offset. Note Australia's July–June year differs from India's April–March. Try our free NRI tax check.