Take-Home Pay Calculator
See exactly how much of your salary you actually keep after income tax, Medicare levy, HECS/HELP and superannuation — using 2025-26 ATO rates.
Pay Frequency
Your Situation
Estimated Monthly Take-Home Pay
$5,321
$63,855 per year after tax
Income Tax
$14,895/yr
$1,241/month
Medicare
$1,607/yr
$134/month
Super (employer)
$9,643/yr
Paid on top of salary
This calculator provides estimates for general information purposes only. Results are not financial, tax or legal advice and do not take into account your personal circumstances. Always consult a licensed professional before making any financial decisions.
Frequently Asked Questions
How is take-home pay calculated in Australia?▾
Your take-home pay is your gross salary minus income tax, Medicare levy, and any HECS/HELP repayment. Superannuation (12%) is paid by your employer on top of your salary — it doesn't reduce your take-home pay.
Income tax is calculated using the 2025-26 ATO tax brackets (Stage 3 tax cuts effective 1 July 2024). The Low Income Tax Offset (LITO) of up to $700 also reduces tax payable for lower earners.
What are the 2025-26 income tax brackets?▾
| Taxable Income | Tax Rate |
|---|---|
| $0 – $18,200 | Nil |
| $18,201 – $45,000 | 16% |
| $45,001 – $135,000 | 30% |
| $135,001 – $190,000 | 37% |
| $190,001+ | 45% |
These brackets reflect the Stage 3 tax cuts which took effect 1 July 2024.
What is the Medicare Levy Surcharge?▾
The MLS is an extra tax for higher-income earners without private hospital cover. It ranges from 1%–1.5%:
- $93,001 – $108,000: 1.0%
- $108,001 – $144,000: 1.25%
- $144,001+: 1.5%
For many earning above $93,000, private hospital cover costs less than the MLS.
When do I start repaying my HECS/HELP debt?▾
HECS/HELP repayments start automatically once your income crosses ~$54,435 for 2025-26. They're collected via the tax system and range from 1%–10% of total income.
Your debt is also indexed to CPI each year on 1 June.
Does superannuation come out of my take-home pay?▾
No. Employer super contributions (12% from 1 July 2025) are paid on top of your salary — they don't reduce your take-home pay.
Voluntary salary-sacrifice super contributions would reduce your taxable income and take-home pay.
Next step: find out how much you can borrow
Use your take-home pay to estimate your maximum loan amount with our Borrowing Power Calculator.