Income tax calculator

Use the handy income tax calculator to work out how much tax you should be paying and what your net income for the year is. You might also like to take a look at the lease repayments calculator to help you decide whether it makes more money sense to lease or buy a car.

Instructions

Choose the tax year for which you wish to do the calculation. Type in your income in that year and indicate whether the amount is for annual, monthly or weekly earnings. Your results are displayed below.

Get Flash

Disclaimer: Calculator is not intended to be relied on for the purposes of making a decision in relation to a financial product. Whilst every effort has been made to ensure the accuracy of this calculator, the results should be used as indication only. Advice should be obtained from a financial services licensee before making financial decisions. Calculator does not assume changes in the cost of living over time. Default assumptions: For the purpose of this calculator, all months are assumed to be of equal length. One year is assumed to comprise 52 weeks and therefore 364 days (as opposed to the actual 365 days or 366 days).