Superannuation is money set aside by your employers for your retirement. It is also possible to add money into your Super savings and this can change your income tax.

$25,300 concessional Super remaining ($32,500 cap)

A novated lease lets you lease a car through your employer, reducing your taxable income. As a non-cash fringe benefit, Fringe Benefits Tax (FBT) applies. This calculator assumes any FBT is passed on to you via salary deductions.

Fringe benefits are non cash benefits provided by your employer. They may be provided in addition to your wage or in exchange for part of it through salary packaging or salary sacrificing. While not included in taxable income, they may still be used for income testing purposes.

Non-residents and Working Holiday Makers have different tax rates applied to their wages. In addition, second jobs are tax differently as the tax-free threshold does not apply.

Medicare is a levy on income and funds the public health system. It's set at 2% but some circumstances the amount can vary. Tax offsets are also available for senior Australians.

Family Tax benefits (FTB) are accessible to some famillies with children. To estimate your Family Tax Benefit, provide the required information in this section. The amount you recieve depends on the number of children you have and your total houseold income. Additionally, if you shared care responsibilities for a child, your payment may be vary.

You can claim deductions for some expenses you incur by reducing your taxable income. Other sources of income will increase your tax liabilities.

The standard deduction only applies to work related expenses. Other eligible deductions can still be claimed seperatly

$0 total eligible tax deductions

Salary Sacrifice arrangements other than super

Allowance income is a non taxable fringe benefit on top of your income. Check types of allowances