FY2026-27 Australian resident income tax estimate including LITO and a simplified Medicare levy estimate.
⚠ Estimates only. Medicare levy reductions and exemptions depend on individual and family circumstances. Confirm tax outcomes with the ATO or a registered tax agent.
Enter annual gross income, work-related deductions and any deductible personal super contribution you want included, then calculate the estimated tax and take-home breakdown.
Tax law and thresholds can change, and offsets, residency, HELP debts and special circumstances may alter liability.
The Low Income Tax Offset can reduce income tax for eligible lower-income Australian residents. The maximum offset is $700, with the amount reducing as taxable income increases.
A simplified Medicare levy estimate is included. The actual levy can be reduced or exempt depending on taxable income, family income, dependants, SAPTO eligibility and other circumstances, so confirm the final amount with the ATO.