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Australia Paycheck & Income Tax Calculator

Revised Stage 3 Tax Cuts (FY 2024/25 & 2025/26) • 2% Medicare Levy • HELP/HECS • 11.5%–12% Superannuation

Income & Profile ATO Stage 3 Rates

Gross Annual Salary ($ AUD) $95,000

$20k $95k (Median AU Full-Time) $300k

Tax Year

Display Frequency

Superannuation Treatment

HELP / HECS-HELP Debt Compulsory repayment applies above $54,435

Salary Sacrifice to Super ($/yr) $0

Concessional contributions taxed at 15% in super fund (up to $30,000 cap).

Eligible for Medicare Levy Exemption

Estimated Net Pay (Fortnightly)

$2,865 / fortnight

Annual Take-Home $74,488

ATO Income Tax $18,612 19.6% effective

Medicare Levy (2%) $1,900 Standard 2.0%

HELP/HECS Debt $0 0.0% rate

Super Guarantee $10,925 11.5% employer

Income Allocation (Annual) 78.4% Take-Home

Take-Home Pay ATO Income Tax Medicare (2%) HELP / HECS

Pay Frequency Breakdown Table

Pay Period	Gross Salary	Income Tax	Medicare	Net Pay	Super (SG)
Weekly (52x)	$1,827	-$358	-$37	$1,432	$210
Fortnightly (26x)	$3,654	-$716	-$73	$2,865	$420
Monthly (12x)	$7,917	-$1,551	-$158	$6,207	$910
Annually (1x)	$95,000	-$18,612	-$1,900	$74,488	$10,925

📖 How Revised Stage 3 Tax Rates Apply to You

Under the Australian Government's legislated Stage 3 tax reform in effect from 1 July 2024, tax brackets were re-indexed to deliver higher tax relief to low and middle-income earners:

$0 – $18,200: 0% (Tax-Free Threshold)

$18,201 – $45,000: 16% on excess

$45,001 – $135,000: 30% on excess

$135,001 – $190,000: 37% on excess

$190,001 and above: 45% top marginal tax rate