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:

2017 – 2018 Financial Year Income Tax
Taxable incomeTax on this income
0-$18,200Nil
$18,201-$37,00019c for each $1 over $18,200
$37,001-$80,000$3,572 plus 32.5c for each $1 over $37,000
$80,001-$180,000$17,547 plus 37c for each $1 over $80,000
$180,001 and over$54,547 plus 47c for each $1 over $180,000