Australian tax and government calculators

Questions these calculators answer

How is land tax calculated in NSW?

Revenue NSW applies a general threshold: land value below it attracts no tax, and value above it is taxed at a fixed amount plus a percentage of the excess. A second premium threshold applies a higher rate above a much larger value. Your principal place of residence is generally exempt and excluded from the total.

How is land tax calculated in Victoria?

The State Revenue Office applies a banded schedule to the total site value of all taxable land you hold at 31 December. Nothing is payable below $50,000; from there it runs $500, then $975, then $1,350 plus 0.3% above $300,000, stepping up to $31,650 plus 2.65% above $3 million. Your principal place of residence is exempt and excluded from the total.

How is luxury car tax calculated?

Take the GST-inclusive price, subtract the threshold, multiply what remains by 10/11 to remove the GST component, then apply 33%. A vehicle at $110,000 against an $80,809 threshold has $29,191 of excess, which becomes $26,537 after removing GST, giving $8,757 of LCT.

How is redundancy pay taxed in Australia?

Part of a genuine redundancy payment is tax free: a base amount plus a set amount for each completed year of service. The remainder is an employment termination payment, taxed at a concessional rate up to the ETP cap and at the top marginal rate above it. Unused annual leave is taxed separately again.

How much is rego in NSW?

For a privately used light vehicle it is an $84 registration fee plus a vehicle tax set by tare weight, which runs from $278 for a car under 970 kg to $1,164 at the top of the light-vehicle scale. A green slip is compulsory on top and is bought separately from an insurer.

How much is car registration in WA?

The licence fee is $29.76 for every 100 kg of tare weight, rounded up, plus a $9.70 recording fee and a $6.60 prescribed fee for a twelve month renewal. Motor injury insurance for a Class 1A private car adds $629.81 including GST and insurance duty.

How much tax will I pay on my income in Australia?

For 2026-27 an Australian resident pays nothing on the first $18,200, 15% from $18,201 to $45,000, 30% to $135,000, 37% to $190,000 and 45% above that, plus the 2% Medicare levy. On $90,000 that is $17,520 tax and $1,800 Medicare, leaving $70,680.

How do I add or remove GST in Australia?

Australian GST is 10%. To add it, multiply the price by 1.1. To remove it from a GST-inclusive price, divide by 11 to find the GST itself, or divide by 1.1 to find the price before GST. A $1,100 price includes $100 of GST and was $1,000 before it.

How do I convert my salary to hourly and take-home pay?

Multiply an hourly rate by your weekly hours and 52 weeks to get an annual salary, or divide an annual salary by the same figure to get an hourly rate. At $45 an hour for 38 hours a week that is $88,920 a year, and after tax and the Medicare levy about $69,946 take-home.

How do I estimate my tax refund in Australia?

Work out your taxable income by taking deductions off your income, calculate the tax and Medicare levy on it, then subtract that from the tax already withheld on your income statement. If $17,800 was withheld and $85,000 less $1,800 of deductions gives $17,144 of tax and levy, the refund is about $656.

How do I work out the Medicare levy surcharge?

If you do not have private hospital cover and your income for MLS purposes is above $105,000 as a single (or $210,000 as a family, plus $1,500 for each child after the first), you pay 1%, 1.25% or 1.5% of that income in surcharge. A single on $130,000 without cover pays 1.25%, which is $1,625.

How much tax do I save by salary sacrificing into super?

You save the difference between your marginal tax rate and the 15% contributions tax on the amount sacrificed. On a $95,000 salary sacrificing $10,000, income tax and Medicare fall by $3,200, the fund pays $1,500 contributions tax, and you keep about $1,700 more than if you had taken the cash and saved it after tax.

How do I calculate my work from home deduction?

Multiply the hours you worked from home by the ATO fixed rate of 70 cents. 1,200 hours is $840. You need a record of the hours actually worked, kept for the whole year, and the deduction saves tax at your marginal rate, about $269 for someone on $95,000.

How do I calculate my car deduction using cents per km?

Multiply your business kilometres, up to 5,000, by the ATO rate. At 88 cents, 3,500 km is $3,080. The rate covers fuel, servicing, registration, insurance and depreciation, so you cannot claim those separately. You must be able to show how you worked out the kilometres, such as a diary, and it saves about $986 in tax on $95,000.

How is fringe benefits tax calculated?

Take the taxable value of the benefit, multiply by the gross-up rate (2.0802 if the employer can claim a GST credit, 1.8868 if not), then multiply by 47%. For a $50,000 car available all year, the statutory taxable value is $10,000, the grossed-up value is $18,868 and the FBT is $8,868 for a Type 2 benefit.

How is capital gains tax calculated in Australia?

Subtract your cost base from the sale proceeds to get the capital gain, subtract any capital losses, and halve it if you held the asset for more than 12 months as an Australian resident. The result is added to your taxable income. A $250,000 gain with a 50% discount on a $90,000 income adds about $47,600 of tax and levy.

How much land tax do I pay in Queensland?

Add up the taxable value of all your Queensland land at 30 June. An individual pays nothing below $600,000, then $500 plus $1.00 per $100 up to $1 million, and $4,500 plus $1.65 per $100 above it. On $1,500,000 that is $12,750; a company or trust pays $21,000. Your home is generally exempt.

How much is rego in Queensland?

For 12 months a four-cylinder car costs $385.45 in registration plus the $67.25 traffic improvement fee and CTP insurance of about $411.80 to $427.80, so about $864.50 to $880.50. Cars with more cylinders pay a higher registration fee, and concession card holders pay half of it.

How much is rego in South Australia?

For 12 months from 1 July 2026 a four-cylinder sedan or wagon costs $705 in the Adelaide metropolitan area and $585 in the country, including CTP insurance and the administration fee. A six-cylinder car is $875 metro and $755 country, and an eight-cylinder car $1,025 and $900.

How much is my take-home pay each pay in Australia?

Start from your gross pay for the period, work out the annual tax and Medicare levy on it, and divide back down. A gross fortnightly pay of $4,000 is $104,000 a year, which leaves about $3,084.62 a fortnight after tax and the Medicare levy, with employer super of $480.00 paid on top.

How much tax do I pay on my income in Australia?

Tax is charged only on the part of your income in each bracket: nil to $18,200, 15% to $45,000, 30% to $135,000, 37% to $190,000 and 45% above, plus the 2% Medicare levy. On $120,000 that is $26,520 of income tax and $2,400 of Medicare levy, leaving $91,080.

How much tax do I pay on a bonus?

A bonus is taxed at your marginal rate, the rate on the top of your income, not at a flat rate. A $10,000 bonus on a $90,000 salary costs about $3,200 in extra tax, so you keep about $6,800, or 68% of it. Your payslip may withhold a different amount, which is settled at tax time.

What is my marginal tax rate?

It is the tax on the next dollar of income, taken from your tax band plus any levy or offset at that point. On $90,000 the marginal rate is 32.0%, while the average rate is only 21.5% because the lower bands are cheaper. Current bands: 15% from $18,201, 30% from $45,001, 37% from $135,001 and 45% from $190,001, plus the 2% Medicare levy.

How much stamp duty do I pay in the ACT?

Duty depends on the price and on whether you are an eligible owner-occupier. On $800,000, an eligible owner-occupier pays $22,158 and any other buyer $25,150. From 1 July 2026, a buyer who qualifies for the Home Buyer Concession Scheme, because they have not owned property in the last five years and will live in the home, can pay no duty at all.

How much is rego in Victoria?

Annual registration including the TAC charge is $958.80 for a car kept in the metropolitan area, $897.10 outer metropolitan and $824.60 rural. When you buy a $38,000 used car, motor vehicle duty of $8.40 per $200 adds $1,596.00 and the private transfer fee is $47.50.

How much stamp duty do I pay in NSW?

Stamp duty in NSW is worked out on the purchase price using the state's published schedule. On $850,000 it is about $32,437, with exemptions or concessions for some first home buyers. It is paid by the buyer, usually at settlement.

How much stamp duty do I pay in Victoria?

Stamp duty in Victoria is worked out on the purchase price using the state's published schedule. On $700,000 it is about $37,070 at the owner-occupier rate, with exemptions or concessions for some first home buyers. It is paid by the buyer, usually at settlement.

How much stamp duty do I pay in Queensland?

Stamp duty in Queensland is worked out on the purchase price using the state's published schedule. On $750,000 it is about $19,600 at the owner-occupier rate, with exemptions or concessions for some first home buyers. It is paid by the buyer, usually at settlement.

How much stamp duty do I pay in Western Australia?

Stamp duty in Western Australia is worked out on the purchase price using the state's published schedule. On $650,000 it is about $24,890, with exemptions or concessions for some first home buyers. It is paid by the buyer, usually at settlement.

How much stamp duty do I pay in South Australia?

Stamp duty in South Australia is worked out on the purchase price using the state's published schedule. On $600,000 it is about $26,830, with the working shown. It is paid by the buyer, usually at settlement.

How much stamp duty do I pay in Tasmania?

Stamp duty in Tasmania is worked out on the purchase price using the state's published schedule. On $550,000 it is about $20,372, with the working shown. It is paid by the buyer, usually at settlement.

How much stamp duty do I pay in the Northern Territory?

Stamp duty in Northern Territory is worked out on the purchase price using the state's published schedule. On $450,000 it is about $20,057, with the working shown. It is paid by the buyer, usually at settlement.

How much land tax do I pay in Western Australia?

Land tax is nil up to $300,000, a flat $300 up to $420,000, then $300 plus 0.25 cents per dollar over $420,000 and higher rates above $1 million. On land with a taxable value of $1,500,000, land tax is $6,250, and the Perth MRIT adds $1,680, so the total is $7,930.

How much land tax do I pay in South Australia?

Land tax is nil up to $936,000, then 50 cents for every $100 or part of $100 up to $1,504,000, then higher rates. On land with a total taxable site value of $1,400,000, the tax is $2,320, which matches RevenueSA's own example. Land held on a trust is assessed on a different, lower threshold.

How much land tax do I pay in Tasmania?

Land tax is nil below $125,000. From $125,000 to $499,999 it is $50 plus 0.45% of the value above $125,000, and from $500,000 it is $1,737.50 plus 1.5% of the value above $500,000. On land with an assessed value of $400,000, the tax is $1,287.50.

How is Division 293 tax calculated?

Add your Division 293 income to your concessional contributions. If the total is over $250,000, 15% of the lesser of the excess and the contributions is payable. With income of $240,000 and contributions of $15,000, the total is $255,000, the excess is $5,000, and the extra tax is $750.

How is Division 296 tax calculated?

Work out the proportion of your balance above $3 million, apply it to your total super earnings, and charge 15% on that share. A balance of $4,000,000 has 25% above the threshold, so $100,000 of earnings gives $25,000 of taxable earnings and $3,750 of tax. Above $10 million a further 10% applies to the share above that level.