Income Tax Calculator
Estimate your Australian income tax, Medicare levy and take-home pay using the current resident tax rates — a quick guide to what lands in your account.
Based on 2024–25/2025–26 resident rates. Excludes the low-income Medicare levy reduction, tax offsets, HELP/HECS, the Medicare levy surcharge and salary packaging. Estimate only.
Australian resident income tax for 2024–25 and 2025–26 is nil on the first $18,200, then 16% to $45,000, 30% to $135,000, 37% to $190,000 and 45% above that, plus a 2% Medicare levy for most people. Your take-home pay is your income minus this tax and levy.
A default or error on your credit file can cost you a much higher interest rate than the one above. We're an ASIC-licensed, solicitor-led team — get a free, no-obligation assessment. No Win No Fee.
Income, Tax and Loan Serviceability
Lenders assess what you can afford using your after-tax income, so knowing your take-home pay helps you plan realistic repayments. Serviceability and your credit file together decide what you can borrow — if a listing is holding you back, it's worth checking before you apply.
Add this calculator to your site — free
Brokers and partner sites can embed this calculator for free and keep your own branding around it. Just copy the code below. It includes a small credit link back to Australian Credit Solutions — that's the only condition of use.
Income Tax Calculator Questions
What are the current Australian income tax rates?
Does this include the Medicare levy?
Why does take-home pay matter for credit?
Important — this is an estimate, not advice. This calculator uses 2024–25/2025–26 resident tax rates plus a flat 2% Medicare levy. It excludes offsets, the levy surcharge, HELP/HECS, salary packaging and non-resident rates, and is not tax advice. Results are not guaranteed and do not constitute financial, credit or tax advice. Consider your own objectives, financial situation and needs, and seek advice from a licensed professional before making a decision. Australian Credit Solutions Pty Ltd holds Australian Credit Licence ACL 532003 and provides credit file correction services. Last updated: 14 June 2026.