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Two jobs? Estimate how much to have withheld from your second job so you don't get a bill at tax time
On your second job's TFN declaration, tick "Do not claim the tax-free threshold". We use ATO-style rates to suggest withholding per pay from the second job so you roughly break even.
You claim the tax-free threshold on this job.
Do not claim the tax-free threshold on this job.
Withhold this much per pay from your second job
$410
12 pays per year; total tax from second job ≈ $4,915
Approx. take-home per pay from second job (after this withholding)
$840
On your second job's TFN declaration
Select "Do not claim the tax-free threshold". Your employer will use Schedule 1, Scale 1 (no TFT) and may withhold close to this amount depending on their payroll.
Combined income: $75,000 · Total tax: $14,200
This calculator is not intended to be relied on for the purposes of making a decision in relation to a financial product. Before you make a financial decision, consider obtaining advice from someone who holds an Australian Financial Services Licence. We do not, and we cannot advise you.
You can only claim the tax-free threshold from one employer. If you claim it from both, too little tax is withheld and you'll get a bill at tax time.
By not claiming on your second job, more tax is withheld from that job. We estimate how much should be withheld so your total withholding across both jobs roughly matches your total tax.
Usually your main (higher) job. That way the bulk of your income has correct withholding and the second job covers the extra tax.
You can submit a new TFN declaration to your second employer to stop claiming the TFT. You may also need to ask them to withhold extra (or make a voluntary payment to the ATO) to avoid a bill.
No. Employers use ATO tax tables. This is a guide to help you get in the right ballpark; small refunds or bills are still possible.
Estimates only. Not financial or tax advice. Full disclaimer for your rights and our limitations of liability.
This calculator exists to show you the arithmetic. It applies published Australian rates, thresholds and formulas to the numbers you enter and shows the working, so you can check it. That is all it does — it produces a number and describes what the number is. It does not recommend anything and it holds no opinion about any financial product.
What can move this result
This calculator is not intended to be relied on for the purposes of making a decision in relation to a financial product. Before you make a financial decision, consider obtaining advice from someone who holds an Australian Financial Services Licence. We do not, and we cannot advise you.