Income Tax Calculator
Estimate your income tax obligations and see your after-tax income.
Understanding income tax
Income tax in Australia is calculated using progressive tax rates. Understanding your tax obligations helps with financial planning.
Key factors to consider:
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Taxable Income:Your total income minus allowable deductions
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Tax Brackets:Different rates apply to different income ranges
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Medicare Levy:Additional 2% levy on taxable income
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Tax Offsets:Reductions that directly reduce your tax payable
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