Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
How much you pay in taxes does not have to be a mystery. When you know how much your income taxes will be you can better plan your budget and financial future. The simple Income Tax Calculator here will assist you in estimating the total amount you will pay in income taxes and your net income each week. You can also see the changes in current tax thresholds between the fiscal year 2016 - 2017 and fiscal year 2017 - 2018 and see the weekly difference in your income.
Enter the amount of your annual income in dollars and click to calculate. That's it!
You will see the various income ranges and tax rates. Some variations have been made to the tax thresholds for fiscal year 2017 - 2018. The difference in your weekly income from FY 2016 - 2017 to 2017 - 2018 will be displayed in the bottom right hand corner. You can view the total income tax paid and net income differences per annum and per week in the right hand column of the page.