Tax
Income Tax Calculator
Tax on your taxable income for 2026–27 with the ATO rates, Medicare levy, low income tax offset and HELP repayment.
Result
Updates as you typeTotal tax and levies for 2026–27
$22,520.00
- Income tax
- $20,520.00
- Medicare levy
- $2,000.00
- Income after tax and levies
- $77,480.00
- Effective rate
- 22.5%
- Marginal rate
- 30%
How it's calculated
Income tax is worked out on your taxable income for the year (1 July to 30 June) with the ATO's progressive rates: each slice of income is taxed at its own rate. The Medicare levy of 2% is added, the low income tax offset is subtracted, and if you have a study loan the compulsory HELP repayment is added.
The result is an annual figure. Tax withheld from a salary through the year is an estimate of this amount; the difference is settled when you lodge your tax return.
Worked example
An Australian resident with $100,000.00 of taxable income and no study loan:
- $18,200.00 at 0% = $0.00
- $26,800.00 at 15% = $4,020.00
- $55,000.00 at 30% = $16,500.00
- Income tax: $20,520.00 (LITO $0.00 at this income)
- Medicare levy: $100,000.00 × 2% = $2,000.00
- Total $22,520.00; income after tax $77,480.00; effective rate 22.5%; marginal rate 30%
2026–27 rates and thresholds
Resident tax rates 2026–27
| Taxable income | Tax on this income |
|---|---|
| $0.00 – $18,200.00 | Nil |
| $18,201.00 – $45,000.00 | 15c for each $1 over $18,200.00 |
| $45,001.00 – $135,000.00 | $4,020.00 plus 30c for each $1 over $45,000.00 |
| $135,001.00 – $190,000.00 | $31,020.00 plus 37c for each $1 over $135,000.00 |
| $190,001.00 and over | $51,370.00 plus 45c for each $1 over $190,000.00 |
Foreign resident tax rates
| Taxable income | Tax on this income |
|---|---|
| $0.00 – $135,000.00 | 30c for each $1 over $0.00 |
| $135,000.00 – $190,000.00 | $40,500.00 plus 37c for each $1 over $135,000.00 |
| $190,001.00 and over | $60,850.00 plus 45c for each $1 over $190,000.00 |
Medicare levy, LITO and HELP
| Item | Value |
|---|---|
| Medicare levy rate | 2% |
| Medicare levy: no levy up to (single, 2025–26) | $28,011.00 |
| Medicare levy: full rate from (single, 2025–26) | $35,013.00 |
| LITO maximum (taxable income up to) | $700.00 ($37,500.00) |
| LITO ends at | $66,667.00 |
| HELP repayment threshold 2026–27 | $69,528.00 |
| HELP 17% band from | $129,718.00 |
| HELP flat 10% of total income from | $186,051.00 |
Tax on common incomes (resident, no HELP)
| Taxable income | Income tax | Medicare levy | After tax | Effective |
|---|---|---|---|---|
| Taxable income: $30,000.00 | Income tax$1,070.00 | Medicare levy$198.90 | After tax$28,731.10 | Effective4.2% |
| Taxable income: $45,000.00 | Income tax$3,695.00 | Medicare levy$900.00 | After tax$40,405.00 | Effective10.2% |
| Taxable income: $60,000.00 | Income tax$8,420.00 | Medicare levy$1,200.00 | After tax$50,380.00 | Effective16% |
| Taxable income: $80,000.00 | Income tax$14,520.00 | Medicare levy$1,600.00 | After tax$63,880.00 | Effective20.2% |
| Taxable income: $100,000.00 | Income tax$20,520.00 | Medicare levy$2,000.00 | After tax$77,480.00 | Effective22.5% |
| Taxable income: $135,000.00 | Income tax$31,020.00 | Medicare levy$2,700.00 | After tax$101,280.00 | Effective25% |
| Taxable income: $150,000.00 | Income tax$36,570.00 | Medicare levy$3,000.00 | After tax$110,430.00 | Effective26.4% |
| Taxable income: $190,000.00 | Income tax$51,370.00 | Medicare levy$3,800.00 | After tax$134,830.00 | Effective29% |
| Taxable income: $250,000.00 | Income tax$78,370.00 | Medicare levy$5,000.00 | After tax$166,630.00 | Effective33.3% |
Frequently asked questions
How much tax do I pay on $100,000.00 in 2026–27?
A resident with $100,000.00 of taxable income pays $20,520.00 income tax plus $2,000.00 Medicare levy, $22,520.00 in total, leaving $77,480.00. The effective rate is 22.5% and the marginal rate 30%.
What are the 2026–27 tax brackets?
Residents pay nothing on the first $18,200.00, then 15% to $45,000.00, 30% to $135,000.00, 37% to $190,000.00 and 45% above that. The second bracket fell from 16% to 15% on 1 July 2026; the thresholds did not change.
Is the Medicare levy included?
Yes. The Medicare levy is 2% of taxable income on top of income tax. Singles earning up to $28,011.00 pay no levy and it phases in at 10 cents per dollar until $35,013.00 (the latest legislated thresholds, 2025–26). Family and seniors reductions and the Medicare levy surcharge are not applied.
What is the low income tax offset?
LITO is up to $700.00 off your tax if your taxable income is $37,500.00 or less. It tapers by 5 cents per dollar to $45,000.00 and by 1.5 cents per dollar until it ends at $66,667.00. It is applied automatically and cannot create a refund.
How is the HELP (HECS) repayment calculated?
For 2026–27, no compulsory repayment is due up to $69,528.00 of repayment income. Above that you repay 15% of the amount over $69,528.00, then $9,028.00 plus 17% of the amount over $129,717.00, and from $186,051.00 a flat 10% of your whole repayment income. This calculator uses taxable income as repayment income.
Do foreign residents pay the same tax?
No. Foreign residents for tax purposes have no tax-free threshold and pay 30% from the first dollar up to $135,000.00, then the same 37% and 45% rates. They do not pay the Medicare levy and do not get LITO. Choose “Foreign resident” to see those figures.
Sources
- Australian Taxation Office — Tax rates: Australian residents (2026–27)
- Australian Taxation Office — Tax rates: foreign residents
- Australian Taxation Office — Medicare levy
- Australian Taxation Office — Medicare levy reduction for low-income earners (2025–26 thresholds)
- Medicare Levy Act 1986, s 7 (phase-in of the levy above the low-income threshold)
- Australian Taxation Office — Low income tax offset
- Australian Taxation Office — Study and training support loans: repayment thresholds and rates (2026–27)
Uses the ATO rates for the stated year, the single Medicare levy thresholds and the low income tax offset. Other offsets, the Medicare levy surcharge, family and seniors reductions and private health insurance are not included. Results are for guidance only.
2026–27 rates · Updated: