calcnook/calcnook.countries.au.income_tax
🇦🇺Australia · FY 2026/27

Australia Income Tax + Medicare + HECS

FY 2026/27 resident brackets, 2% Medicare Levy, and optional HECS-HELP compulsory repayment under the current marginal schedule.

Inputs

A$

Taxable income before tax / Medicare / HECS.

Compulsory repayment based on your repayment income (gross income approximation here).

Result

Total tax + Medicare + HECS

$16,120

Effective rate 20.15%

Take-home pay

$63,880

$5,323.33 per month

Breakdown

Gross income$80,000
Income tax$14,520
Medicare Levy (2%)$1,600
HECS-HELP repaymentn/a

Bracket-by-bracket (income tax only)

RateIncome in bandTax in band
0%$18,200$0
15%$26,800$4,020
30%$35,000$10,500

Excludes Low Income Tax Offset (LITO), Senior Australians and Pensioners Tax Offset (SAPTO), Medicare Levy reductions or exemptions, private health insurance rebates, and other offsets. HECS uses gross income as a repayment-income approximation. Verify with ato.gov.au for official figures.

Powered by the calcnook engine

Same deterministic math runs as a Python package, an MCP server for AI agents, and on this page. No API keys, no network — pure stdlib.

$ pip install calcnook$ uvx calcnook-mcp
>>> from calcnook.countries.au.income_tax import calculate
>>> r = calculate(80_000)
>>> round(r.income_tax, 2)
14520.0