Estimate your net pay after income tax, the Medicare levy and the low income tax offset (LITO) for the 2025-26 financial year.
Your take-home pay is your taxable income minus income tax and the Medicare levy, with PAYG tax withheld from each pay. Income tax is charged on a progressive scale: nothing on the first $18,200, then 16%, 30%, 37% and 45% on successive brackets. The Medicare levy adds 2% of taxable income (with reductions for low-income earners).
The Low Income Tax Offset (LITO) of up to $700 reduces tax for incomes up to $66,667, lifting your net pay. Your employer also pays superannuation at 12% on top of your wage — that goes into your super fund and does not reduce take-home pay. If you have a HELP/HECS debt or no private hospital cover at higher incomes, additional amounts may be withheld.