Mortgage Broker Perth

Calculating home finances

Income Tax Calculator

We’ve created this Australian income tax calculator to provide a guide on how much money you have after tax.

The current income tax rate are:

2018 – 2019 Financial Year Income Tax
Taxable incomeTax on this income
0-$18,200Nil
$18,201-$37,00019c for each $1 over $18,200
$37,001-$90,000$3,572 plus 32.5c for each $1 over $37,000
$80,001-$180,000$20,797 plus 37c for each $1 over $90,000
$180,001 and over$54,097 plus 45c for each $1 over $180,000