Tax Calculator 2025
Income tax & Medicare levy on Australian income for the 2024-25 year.
Last updated: January 2025 · Built for the 2024–25 financial year
Inputs
Based on official ATO 2024-25 tax brackets.
Results
Take-home (net income)
$67,012
Income tax
$16,288
Medicare levy
$1,700
Total tax
$17,988
Effective rate
21.16%
Results are estimates only. For financial advice, consult a licensed adviser.
Overview
Generic tax estimator with brackets and Medicare
This calculator applies Australian resident PAYG brackets and the 2% Medicare levy to taxable income. It is a quick estimator — your actual assessment depends on offsets (LITO, SAPTO), levies (MLS), HECS, and any pre-tax deductions.
Australia uses progressive marginal rates — only income above each threshold is taxed at the higher rate, not the entire salary.
Formula
Stage 3 brackets (FY25)
0 – 18.2k → 0% 18.2 – 45k → 16% 45 – 135k → 30% 135 – 190k → 37% >190k → 45% + 2% Medicare levy
Pro tips
- •Bring forward deductible expenses before EOFY.
- •Use a tax agent — fees are deductible next year.
- •Lodge by 31 October or with an agent on extended timetable.