Tax calculators
The income tax you pay in 2026-27 and the parts that make it up: your marginal rate, tax taken out of each pay, your refund or bill at tax time, the Medicare levy, offsets and HECS-HELP repayments.
Updated By James CrawfordCalculated in your browserHow it works
- Tax-free threshold
- $18,200
- Top rate, over $190,000
- 45%
- Medicare levy
- 2%
- Low Income Tax Offset
- up to $700
Current figures from the ATO and other official sources, listed on how our calculators work.
Calculators
13 of 13 calculators
- Tax Brackets2026-27 tax rates and your marginal rate
- Tax Return CalculatorEstimate your tax refund or bill
- Tax Withheld CalculatorPAYG tax taken out of each pay
- Tax-Free Threshold$18,200 and which job to claim it on
- Low Income Tax OffsetWork out your LITO
- Medicare LevyThe 2% levy and low-income thresholds
- Medicare Levy SurchargeSurcharge tiers and cover comparison
- Tax Cut CalculatorSee your savings from Stage 3 tax cuts
- Income Tax ComparisonCompare tax across income levels and years
- Student LoanHELP/HECS repayment calculator
- GST CalculatorAdd or remove GST from any amount
- FBT CalculatorCalculate Fringe Benefits Tax
- Novated LeaseCompare a novated lease with a car loan after tax
How income tax, withholding and your return fit together
Income tax is worked out on your taxable income for the whole financial year. Your employer withholds an estimate from each pay, and your tax return settles the difference as a refund or a bill.
The tax brackets page shows the rates and your marginal rate. The tax withheld calculator gives the PAYG amount for one pay, and the tax return calculator estimates your refund or bill. The tax-free threshold page covers which job to claim it on.
Other items change the final figure. The Medicare levy calculator and the low income tax offset page cover a levy and an offset, and the HECS-HELP repayment calculator covers student debt. GST and FBT are separate taxes, with the GST calculator for prices and the FBT calculator for benefits employers provide. The novated lease calculator applies FBT to a car paid for from your pay.