PAYG Tax Calculator Australia 2026

No. PAYG withholding is an estimate collected during the financial year. Your final tax outcome is determined when you lodge a tax return and includes deductions, offsets, additional income, and other personal circumstances.

For 2026-27 an Australian resident on $120,000 has about $28,920 withheld across the year — $26,520 income tax plus $2,400 Medicare levy — leaving roughly $91,080, or $3,503 a fortnight. Your employer withholds using the ATO's withholding schedules for each pay, so individual payslips will differ slightly from an even annual split.

Yes. Salary sacrifice contributions to superannuation are generally made before tax and can reduce taxable income, which may lower PAYG withholding and increase tax efficiency.

No. PAYG withholding relates to tax deducted from wages. Superannuation contributions are generally managed separately through employer super guarantee payments or salary sacrifice arrangements.

Actual payslip amounts may differ because employers use official ATO payroll tables, rounding methods, salary packaging arrangements, or other payroll adjustments not included in simplified estimates.