Australia Net Salary Calculator (FY2026–27)
Calculate your Australian take-home pay for FY2026–27. Includes income tax (new 15% second bracket), Medicare levy, HECS/HELP repayments ($69,528 threshold), and 12% superannuation. Free, private, no sign-up required.
FY2026–27 Income Tax Brackets (Residents)
| Taxable Income | Tax Rate |
|---|
| $0 – $18,200 | 0% |
| $18,201 – $45,000 | 15% (reduced from 16%) |
| $45,001 – $135,000 | 30% |
| $135,001 – $190,000 | 37% |
| $190,001+ | 45% |
Medicare Levy (FY2026–27)
2% of taxable income. Exempt below $28,011. Shade-in zone $28,011–$35,014. Medicare Levy Surcharge (1%–1.5%) for higher earners without private hospital cover: singles thresholds $105,000 / $123,000 / $164,000.
HECS/HELP Repayment Thresholds (FY2026–27)
| Repayment Income | Repayment |
|---|
| Up to $69,528 | Nil |
| $69,529 – $129,717 | 15c per $1 above $69,528 |
| $129,718 – $186,050 | $9,028 + 17c per $1 above $129,717 |
| $186,051+ | 10% of total repayment income |
Superannuation (FY2026–27)
Employer Super Guarantee: 12% of ordinary time earnings (unchanged). Concessional contributions cap: $32,500.
Frequently Asked Questions
How is Australian income tax calculated for FY2026-27?
For FY2026-27, Australian residents pay 0% on the first $18,200, 15% on $18,201–$45,000 (reduced from 16%), 30% on $45,001–$135,000, 37% on $135,001–$190,000, and 45% above $190,000. The Low Income Tax Offset (LITO) of up to $700 further reduces tax for lower earners.
What is the HECS repayment threshold for FY2026-27?
For FY2026-27, HECS/HELP repayments begin when your repayment income reaches $69,528. The repayment is 15 cents per dollar above $69,528 up to $129,717, then $9,028 plus 17 cents per dollar above $129,717 up to $186,050, and 10% of total income above $186,050.
What is the Medicare Levy rate in Australia?
The Medicare Levy is 2% of your taxable income. Low-income earners below $28,011 are exempt. The Medicare Levy Surcharge (1%–1.5%) applies to higher earners without private hospital cover: singles thresholds $105,000 / $123,000 / $164,000.
How much superannuation does my employer pay in FY2026-27?
Your employer must pay 12% of your ordinary time earnings as superannuation (Super Guarantee). This is paid on top of your salary and does not reduce your take-home pay. The concessional contributions cap for FY2026-27 is $32,500.
Disclaimer: Estimates only. Not taxation or financial advice. Consult a registered tax agent for your personal circumstances. Rates based on ATO FY2026–27 schedules.