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Estimate how much tax to have withheld per pay so you roughly break even
Enter your expected income and pay frequency. We use ATO-style rates to suggest a withholding amount per pay. Employers use tax tables; this is a guide only.
Your expected taxable income for the year (after deductions). Use gross salary if you have no deductions.
No Medicare Levy Surcharge if you have appropriate cover
Withholding can include HELP repayment
Breakdown
Employers use ATO tax tables to withhold from your pay. If you are not employed, use the ATO withholding calculator or make voluntary payments. This is an estimate only.
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.
Your employer withholds tax from each pay (PAYG withholding) based on your TFN declaration and the ATO tax tables. At the end of the year, the total withheld is compared to your actual tax liability — you get a refund if too much was withheld, or a bill if too little.
This helper estimates your annual tax and divides it by your pay periods so you know roughly how much to aim for. It does not replace the ATO withholding calculator or your employer's process.
Too much is being withheld — often because you have multiple jobs and each withholds as if you had the tax-free threshold. You can claim the threshold on one job and ask for less withholding on the other, or use the ATO calculator to get a more accurate withholding amount.
On your TFN declaration for the second job, tick 'Do not claim the tax-free threshold'. More tax will be withheld from that job so you're less likely to get a bill at tax time.
No. We use similar tax rates but the ATO calculator is the official tool. Use it for the most accurate withholding recommendation, especially if you have complex circumstances.
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.