Calculators
Income tax calculator
Estimate your income tax and take-home pay for 2026–27, using the current resident tax rates, the low income tax offset and the Medicare levy.
This calculator gives an estimate only, based on the figures you enter and the assumptions described on this page. It isn’t financial, credit or tax advice and doesn’t take your circumstances into account. Talk to us before making a decision.
Tax rates used
| Taxable income | 2026–27 | 2025–26 |
|---|---|---|
| $0 – $18,200 | Nil | Nil |
| $18,201 – $45,000 | 15% | 16% |
| $45,001 – $135,000 | 30% | 30% |
| $135,001 – $190,000 | 37% | 37% |
| Over $190,000 | 45% | 45% |
Plus the 2% Medicare levy, reduced for low incomes using the single low-income threshold of $27,222 [check: update the Medicare levy low-income threshold for 2025–26 and 2026–27]. The low income tax offset is up to $700. The calculator assumes you’re an Australian resident for the full year and doesn’t include HELP repayments, the Medicare levy surcharge or other offsets.
Pay less tax, legitimately
See end of financial year tax tips and work-related deductions. Our personal tax returns start at $285 + GST.
Frequently asked questions
What are the tax rates for 2026–27?
For Australian residents: nil on the first $18,200, 15% from $18,201 to $45,000, 30% from $45,001 to $135,000, 37% from $135,001 to $190,000, and 45% above $190,000, plus the 2% Medicare levy.
What is the low income tax offset?
A tax offset of up to $700 for people earning $37,500 or less, reducing gradually until it cuts out at $66,667. It reduces the tax you pay but can’t create a refund on its own.
Why is my actual tax different?
This calculator covers the main rates, the low income tax offset and the Medicare levy for a single resident. It doesn’t include HELP repayments, the Medicare levy surcharge, other offsets, deductions you haven’t entered, or family reductions to the Medicare levy.
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