Our income tax calculator
Assess your income and estimate weekly, monthly, and yearly tax obligations.
What our customers are saying
I recieved amazing help from Sharon. She helped me combine all my debt and work out a repayment that worked best for me. As a stay at home mother of 2, struggling to find work while studying, this has been a massive relief off my shoulders
Had the best experience with Jordyn, she has been so helpful and so easy to deal with. She really made something that seemed so hard feel so easy. 10/10 recommend
I am extremely satisfied with the service Kylie provided. When I first came to you, I was struggling feeling frustrated, depressed and carrying so much stress. There were times during this past month that I felt like giving up, going through so much left me with little energy or drive to keep gathering documents and moving forward. But I am so deeply grateful Kylie was there every step of the way. She patiently guided me, walked me through every part of the process, and gave me 100% support exactly when I needed it most. Thanks to her care and dedication, I was finally able to get everything sorted and signed off today. I truly recommend this service to anyone needing help. Thank you so much, Kylie Bennison keep up the amazing work! Honestly, you deserve a gold medal for the difference you’ve made. I appreciate you more than words can say 🙏🏽✨
In particular I want to single out Connie for being kind and empathetic during this process.
Warranee was extremely helpful. Answered all my questions and made me feel at ease.
Sharon was so helpful through the whole process and made it so easy.
Very easy to deal with. Went above and beyond to help my situation. Would highly recommend.
Great communication,
They made me feel ok about making a mistake and gave me simple guidence to find a resaloution
Joseph has been awesome, professional and a great help to me during my time of financial distress. He made the impossible possible. Nothing is too troublesome for him. The team are friendly and helpful as well. Highly recommend Joseph.
Insanely supportive and helpful company. They’ve made the process super easy and fair, and have created a very manageable outcome. Mason and Ruth specifically in my case have both exceeded high levels of customer service.
I have had a really great experience with revive financial. They have been extremely supportive and my support has been Mason throughout the entire process and she has been fantastic
I really enjoyed my experience. Anette was incredibly helpful, friendly, and made everything easy to understand. They took the time to answer all my questions and provided excellent support throughout the process.
Fantastic service great help could not have done it without the whole team best choice i ever made thanks everyone that helped me achieve my debt free life
Understandingly considers real life circumstances and addresses personal situations with a target approach. Questions are well defined and realistic. Provides a great customer service with reliable and friendly staff. I highly recommend Revive Financial to anyone seeking financial assistance. Thanks
Connie has been so amazing to work with. She is so approachable and understanding and has made this process so smooth. She has helped above and beyond especially over the past 4 weeks with a traumatic experience I have been going through. I couldnt have done any of this without her support.
Very easy process and very helpful customer service!
An income tax calculator uses current tax rates and your income details to estimate how much tax you may pay and what your take-home income could be over different pay periods.
You can adjust factors such as your income, tax status, and deductions, including the Medicare Levy Surcharge (MLS) and Low Income Tax Offset (LITO) where applicable, to give you a clearer picture of your expected tax and net income.
Yes.
Our income tax calculator can estimate your take-home pay with and without the Medicare Levy Surcharge applied, easily adjusting to your tax information so you get the full estimates of your charges and exemptions.
However, we can only give a tax calculation based on the details you provide, showing the impact of various tax offsets and rates for Australian residents only.
Yes.
Our tax calculator will only calculate income that exceeds the current tax-free threshold for Australian residents, providing you with a precise estimate of annual wages based on applicable tax rates.
We follow all guidance from the Australian government and published on the Australian Tax Office (ATO) website to ensure the tax-free threshold for each financial year is correct.
Our calculator comes with adjustable sliders and customisable input fields, so that you can personalise your results to get the most precise estimate based on your financial circumstances.
Depending on the data you’ve provided, we may automatically factor in further information about specific tax offsets. For example, our estimate could show you how the Medicare levy and LITO may impact your take-home pay if applicable. However, we are unable to assess the impact of more complex tax offsets, such as the student financial supplement scheme or exempt foreign employment income.
When using our income tax calculator, we will always ask for your gross salary, the income period (weekly, fortnightly, monthly, yearly), and the financial year you want to assess, in order to provide detailed insights and clear figures.
Your taxable income is your total annual income, which is usually made up of your salary, as well as any additional sources of income, such as bonuses and dividends.
Our income tax calculator uses this information to estimate how much tax you need to pay to the Australian Tax Office (ATO), based on current tax rates and thresholds. This will help you to better understand your income-tax-based obligations and adjust your spending for the year to improve your financial planning.
Yes.
We always ask for the financial year when making a tax estimate, so that we can pull the correct figures from the Australian Tax Office (ATO) website. This helps us ensure that you’re getting the most accurate calculation based on the most up-to-date tax rates.