Annual Australian Tax and Salary Calculator 2015/16, easy to use online Tax calculator with Personal allowance, Income Tax and Medicare deductions
The Australia Tax Calculator is a provided as is, free to use for your reference when reviewing your tax commitments. The Australia Tax Calculator is supported by iCalculator, if you would like new features added or you have spotted a bug in the tax calculations, please leave a message on our tax forums. We always respond and always support new changes as proposed by our community.
Calculate income tax & deductions
The Austrlia Tax Calculator has been updated to include the 2015-16 tax tables.
|Income Bracket||Tax Due|
|0 to $19,400||Nil|
|$19,401 to $37,000||19c for each $1 over $19,400|
|$37,001 to $80,000||$3,344 plus 33c for each $1 over $37,000|
|$80,001 to $180,000||$17,534 plus 37c for each $1 over $80,000|
|$180,001 and over||$54,534 plus 47c ** for each $1 over $180,000|
Did you know that the Medicare Levy increased from 1.5% to 2% for the 2014/15 tax year and a Budget Repair Levy of 2% has been introduced on taxable incomes in excess of $180,000.