Pay Calculator Australia 2026-27
See your after-tax pay for the 2026-27 financial year (from 1 July 2026), including the second bracket's cut to 15%, Medicare levy, study-loan repayments and superannuation.
| Item | Annual | Monthly |
|---|---|---|
| Gross pay | $80,000 | $6,667 |
| Income tax | $14,520 | $1,210 |
| Medicare levy | $1,600 | $133 |
| Total deductions | $16,120 | $1,343 |
| Take-home pay | $63,880 | $5,323 |
- Financial year 2026-27. Tax-free threshold claimed (scale 2) for residents.
- Medicare levy 2% with low-income shading (2025-26 threshold, single). Medicare levy surcharge not included.
How it works
Resident income tax uses the legislated 2026-27 brackets (nil to $18,200, then 15%, 30%, 37% and 45%) with the low income tax offset. The Medicare levy is 2% with low-income shading; the shading uses the 2025-26 single threshold of $28,011 until the 2026-27 figure is announced. Study-loan repayments follow the marginal system introduced in 2025-26. Employer super guarantee is 12% and shown separately. Details on the Australia methodology page.
More Australian tools and guides
- Hourly rate calculator
- Required salary calculator
- Tax brackets 2026-27 explained
- HECS/HELP repayments explained
- Superannuation basics
- The tax-free threshold explained
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Frequently asked questions
How is income tax calculated in Australia for 2026-27?
Australia uses a progressive tax scale. In 2026-27 there is no tax on the first $18,200, then 15 percent up to $45,000, 30 percent up to $135,000, 37 percent up to $190,000 and 45 percent above that. The Low Income Tax Offset (up to $700) reduces the bill further.
What is the Medicare Levy?
The Medicare Levy is 2 percent of taxable income and funds the public health system. It applies once income exceeds the low-income threshold. A surcharge applies if you earn above $93,000 and do not have private hospital cover.
Does superannuation reduce my take-home pay?
Compulsory super is paid by your employer on top of your salary at 12 percent for 2026-27 (up from 11.5 percent the previous year). It does not reduce your take-home pay directly, but salary sacrifice super contributions do.
What is the HECS/HELP repayment threshold for 2026-27?
HECS/HELP repayments begin once your income reaches $69,528 for 2026-27. Repayments are calculated as a percentage of total income, starting at 1 percent and rising to 10 percent for high earners. Enable the HECS/HELP toggle in the calculator to see your repayment amount.