Income Tax Calculator

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

We also have helpful tools for a stamp duty calculator and smsf borrowing calculator.

The current income tax rate are:

2023 – 2024 Financial Year Income Tax
Taxable income	Tax on this income
0-$18,200	Nil
$18,201-$45,000	19c for each $1 over $18,200
$45,001-$120,000	$5,092 plus 32.5c for each $1 over $45,000
$120,001-$180,000	$29,467 plus 37c for each $1 over $120,000
$180,001 and over	$51,667 plus 45c for each $1 over $180,000