Income tax calculator
Use our simple tax calculator to see how much tax you'll pay for the 2024-25 financial year, and what your tax return may look like.
Key takeaways
- Estimate your 2025-26 tax liability and potential return using gross income only.
- Income is taxed incrementally meaning only the portion above a threshold incurs the higher rate.
- Claim eligible deductions to reduce your taxable income and maximise your potential tax return.
How to use the income tax calculator
- Add up your total annual income for the year (your gross annual income will be on your income statement or latest payslip for the financial year).
- Don't forget about any additional money you've made from freelance, contract work or a side hustle.
- Enter this figure into the income tax calculator below to see how much tax you will need to pay for the 2025-26 financial year.
- This will give you an estimate of how much tax you should have paid for the year.
Disclaimer: Whilst every effort has been made to ensure the accuracy of this calculator, the results should only be used as an indication. They are neither a recommendation nor an eligibility test for any product and should not be construed as financial advice, investment advice or any other sort of advice.
Calculating your tax return: How much tax will I get back?
The calculator will give you an estimate of how much tax you'll need to pay based on your annual income. If you've paid more tax than you need to, you should get the difference back as a tax return. Alternatively, if you have not paid the correct amount of tax you will need to make up the difference and pay this to the ATO.
- This calculator is just an estimate. It doesn't take into account the Medicare levy or any HECS-HELP debt you might have, which will also come out of your return.
Expert insight
"Australian income tax is ever-changing, complex and not always black and white. A tax misconception we often come across is [that] earning more income will result in being worse off from a tax perspective. That is simply not the case; the Australian tax system is based on incremental tax thresholds, which means when your income moves into another tax threshold, only the income greater than the threshold is taxed at the higher rate."
How much tax have you paid?
If you earn a salary from your job (meaning you're not a business owner or sole trader) the amount of income tax you've paid should be on your group certificate, payment summary or income statement from your employer.
If that's your only source of income, then the tax you've paid should be very close to what you actually owe. But don't forget to factor in other income sources like dividends from shares, and deductions you can claim.
What are the tax thresholds for the 2026-27 financial year?
To better understand how your tax is calculated, refer to the tax threshold table below.
| Taxable income | Tax on this income |
|---|---|
| 0 – $18,200 | Nil |
| $18,201 – $45,000 | 16c for each $1 over $18,200 |
| $45,001 – $135,000 | $4,288 plus 30c for each $1 over $45,000 |
| $135,001 – $190,000 | $31,288 plus 37c for each $1 over $135,000 |
| $190,001 and over | $51,638 plus 45c for each $1 over $190,000 |
Income tax rates also depend on your income and your residency status. Non-residents are taxed at a high rate and are not entitled to a tax-free threshold.
So if you're a non-resident, you'll need to pay tax on all income earned from an Australian source.
Your general tax questions answered
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Question
If the gross amount is 56,445
And the with held tax is
10,145
How much would the return be asking for a friend
Hi Koreen,
Thanks for your comment.
Based on your gross income, you are liable to pay $9,891.63 for the last financial year. As you already have $10,145 tax withheld, you may be entitled to a tax refund of $253.37.
Please note we provide general advice only and if you’d like to discuss your personal situation in further detail, we recommend you speak to an online tax agent.
Hope this helps.
Clarizza
I earn $214 a week (at the most) and I’m getting taxed $48 dollars a week.. But people keep telling me I shouldn’t be getting taxed at all. Is this right?
Hi Taleshia,
Thanks for your question.
Based on the tax threshold for the 2015-2016 financial year, an annual income of less than $18,200 means you are not liable to pay tax. If you earn $214 a week, you would not have to pay tax and may be entitled to a refund. If you would like to discuss your personal situation, we recommend you speak to an online tax agent.
Please note, we are a comparison website and provide general advice only.
Clarizza
Hello if my income on abn is 27300 my tax payable is 1730 and deductions are 4800. What will my return be?
Hi Rikki,
Thanks for your question.
As a general information provider, we’re unable to answer your question. You can find the formula for how your tax is calculated on our tax calculation page.
If you would like to discuss your personal situation, we recommend you speak to an online tax agent.
Hi I received approximately 40000 on income protection through my super fund but no tax was deducted so how much tax would I owe?
Hi Jenny,
Thanks for your question.
This would depend on your entire income for the financial year. The $4,000 is added to your assessable income.
If you would like to discuss your personal situation, we recommend you speak to an online tax agent.
i work overseas now – but did have a few pays in oz before leaving – I earned $28000 prior to going and paid $7700 tax. wonder how much i should expect back from this. i do have property and interest income also but expect these to cancel each other out … wonder purely on above income what i would expect back? many thanks, Michael
Hi Michael,
Thanks for your question.
Using our calculator above, with your income of $28,000, you should pay tax amounting to $1,862.00. Approximately, your tax refund would be $5,838 (i.e. $7,700 less $1,862). But this result does not include your other financial circumstances.
As we are not tax experts, the results we give are just indication only and can be used for general advice. You may like to reach out to a tax online agent so you can discuss your personal situation.
Hope this has helped.
Cheers,
May