Estimated income tax, Medicare levy, LITO offset and HELP/HECS repayment from a gross income figure, for either of the two current financial years.
FY 2025–26
FY 2026–27 (current)
Rates & assumptions used in this calculator
FY2026-27 resident tax brackets (effective 1 July 2026, legislated cost-of-living tax cut): 0% to $18,200; 15% $18,201–$45,000; 30% $45,001–$135,000; 37% $135,001–$190,000; 45% over $190,000. The second-bracket rate is legislated to fall again to 14% from 1 July 2027.
FY2025-26 resident tax brackets: same thresholds, but 16% applies to the $18,201–$45,000 bracket instead of 15%.
Low Income Tax Offset (LITO): up to $700, unchanged both years. Full $700 up to $37,500 taxable income; reduces 5c per $1 from $37,500–$45,000; reduces a further 1.5c per $1 from $45,000–$66,667; nil above $66,667.
Medicare levy (single, no dependants): FY2026-27 — nil up to $28,011; 10% of excess from $28,011–$35,014; full 2% above $35,014. FY2025-26 — same structure at $27,222 / $34,027. Family and SAPTO thresholds, and the Medicare Levy Surcharge, are not modelled.
HELP/HECS repayment: uses the marginal repayment system introduced 1 July 2025. FY2026-27 thresholds $69,528 (15%) / $129,717 (17%, plus $9,028 base) / $186,050 (10% of total repayment income cap). FY2025-26 thresholds $67,000 / $125,000 / $179,285 at the same rates. "Repayment income" here is approximated as taxable income — the real definition also adds back reportable fringe benefits, reportable super contributions and net investment losses, which this tool doesn't capture.
Assumes Australian tax residency for the full year, no other offsets (e.g. spouse, seniors), and no reportable fringe benefits or other adjustments.
Sourced from ATO published rates and the 2026-27 Federal Budget as at July 2026. Rates are indexed or amended periodically — verify against ato.gov.au before relying on this for lodgement or advice.
Income details
$90,000 gross
$
No
Yes
Estimated net income
$0
Gross income less tax, Medicare levy and LITO offset
Gross income$0
Income tax−$0
Low Income Tax Offset+$0
Medicare levy−$0
HELP/HECS repayment−$0
Net income$0
Effective tax rate0%
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