OpenTaxCalculator

Monthly Tax Calculator & Tax Table 2026–27

Enter your gross monthly pay to see the tax your employer withholds under the ATO's 2026–27 withholding formulas (Schedule 1), with the tax-free threshold or without, plus the study-loan component. Below it: a monthly tax table.

Updated 2026-10-03 · ATO and official government rates

Tax withheld per month$1,296Take-home $5,204.00 per month · ATO scale 2 · from 2026-07-01
PAYG withholding$1,296
Net pay$5,204.00
Withheld over a year (12 pays)$15,552

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Monthly tax table 2026–27

Amounts withheld per month for resident employees, calculated with the ATO coefficients that apply from 2026-07-01. Use the calculator for an exact amount.

EarningsTax-free threshold claimedNo tax-free thresholdForeign residentExtra if study loan (TFT)
$2,000$65$360$598$0
$2,500$156$485$750$0
$3,000$273$646$901$0
$3,500$364$810$1,049$0
$4,000$490$971$1,200$0
$4,500$650$1,131$1,348$0
$5,000$810$1,291$1,499$0
$5,500$975$1,452$1,651$0
$6,000$1,131$1,612$1,798$30
$6,500$1,296$1,772$1,950$108
$7,000$1,452$1,928$2,097$182
$7,500$1,612$2,089$2,249$256
$8,000$1,772$2,249$2,401$329
$8,500$1,933$2,409$2,548$407
$9,000$2,093$2,570$2,700$481
$9,500$2,253$2,730$2,851$555
$10,000$2,414$2,908$2,999$633
$10,500$2,574$3,103$3,150$706
$11,000$2,734$3,298$3,298$784
$11,500$2,912$3,493$3,467$871
$12,000$3,107$3,688$3,653$953
$12,500$3,302$3,883$3,839$1,040
$13,000$3,497$4,082$4,026$1,127
$13,500$3,692$4,273$4,208$1,209
$14,000$3,887$4,468$4,394$1,296
$14,500$4,082$4,680$4,580$1,382
$15,000$4,277$4,914$4,762$1,465

Related

Monthly tax table 2026–27 (NAT 1007)

The ATO's monthly tax table (NAT 1007) covers salaries, allowances and similar payments made monthly from 1 July 2026. In the ATO's worked example, the monthly earnings of $4,311.68 go into the lookup tool with the cents included. Under Schedule 1, cents are dropped only after the monthly amount has been converted to a weekly figure (see below). At $4,311.68 a month, the ATO's table gives $589 withheld with the tax-free threshold claimed and $1,070 without it. This calculator returns the same amounts.

How the ATO converts monthly pay into weekly tax scales

There are no separate monthly tax scales. Under Schedule 1, the ATO converts monthly earnings into a weekly equivalent, applies the weekly formula, then converts the result back:

  • Multiply the monthly earnings by 3 and divide by 13: $4,311.68 × 3 ÷ 13 = $995.00 a week.
  • Apply the weekly formula to the whole dollars ($995) and round to the dollar. The result is $136.
  • Multiply by 13 and divide by 3, rounding to the nearest dollar: $136 × 13 ÷ 3 = $589 a month.
  • If the monthly earnings end in 33 cents, add 1 cent before converting. This avoids a rounding error from the one-third.

Does 12 months of withholding match your annual tax?

For a steady salary, it comes very close. The table compares 12 monthly withholding amounts in 2026–27 with the income tax and Medicare levy on the same salary (no deductions, no study loan, hospital cover held):

The small gap is rounding built into the formulas. Bigger differences at tax time come from things payroll cannot see: deductions, investment income, a study loan, a mid-year pay rise, or the Medicare levy surcharge, which is never withheld.

SalaryMonthly payWithheld per month× 12Annual tax + MedicareDifference
$60,000$5,000.00$810$9,720$9,620$100
$85,000$7,083.33$1,478$17,736$17,720$16
$120,000$10,000.00$2,414$28,968$28,920$48
$150,000$12,500.00$3,302$39,624$39,570$54

Monthly tax timetable: why monthly pay has no extra pay periods

Monthly pay always comes in 12 instalments, so salaried staff do not get the 53-pay or 27-pay years that weekly and fortnightly workers sometimes face. Your employer reports each pay to the ATO through Single Touch Payroll.

Lump sums paid with a monthly salary, such as a bonus, back pay or leave loading paid in one amount, are withheld under Schedule 5 (NAT 3348), not just added to one month. Adding a large bonus to a single month would push that month's withholding much too high.

If you have large deductible costs, such as a negatively geared property, you can apply to the ATO for a downward variation so less is withheld each month. Your employer cannot change the amount until it receives the ATO's variation notice.

Frequently asked questions

How much tax do I pay per month in Australia?

It depends on your pay and whether you claimed the tax-free threshold. The table above shows ATO withholding at common monthly amounts for 2026–27.

How is monthly tax calculated in Australia?

Monthly pay is converted to a weekly figure (× 3 ÷ 13). The ATO weekly formula is applied and rounded, and the result is converted back (× 13 ÷ 3, rounded to the dollar).

Do cents matter in the monthly tax table?

They can. In the Schedule 1 formula, monthly earnings are converted to a weekly figure before cents are dropped, and an amount ending in 33 cents has 1 cent added first. The ATO's own monthly example enters $4,311.68 including the cents.

What is the monthly tax-free threshold in 2026–27?

The ATO puts the $18,200 tax-free threshold at about $1,517 a month. With the threshold claimed, nothing is withheld from monthly pay up to $1,581 in 2026–27.

Can I have less tax taken from my monthly salary?

Only through an ATO-approved downward withholding variation, for example if you expect large deductions. The ATO aims to process online applications within 28 days.

Sources

Figures are taken from official government publications and were last reviewed on 2026-10-03.

  1. ATO: Tax rates – Australian resident (Resident tax rates 2026–27 and 2025–26)
  2. ATO: Tax rates – foreign resident (Foreign resident tax rates 2025–26)
  3. ATO: Tax rates – working holiday makers (Working holiday maker tax rates 2025–26)
  4. ATO: Medicare levy reduction for low-income earners (Table: Medicare levy thresholds for a single individual, 2025–26)
  5. ATO: Medicare levy reduction – family income (family taxable income thresholds 2025–26, +$4,338 per dependent child)
  6. ATO: Medicare levy surcharge income, thresholds and rates (MLS income thresholds and rates for 2026–27 and 2025–26)
  7. ATO: Low income tax offset ($700 max; −5c per $1 over $37,500; −1.5c per $1 over $45,000; nil from $66,667)
  8. ATO: Seniors and pensioners tax offset (SAPTO rates and rebate income thresholds for 2025–26; 12.5c per $1 reduction)
  9. ATO: Study and training loan repayment thresholds and rates (Table 1: 2026–27, Table 2: 2025–26)
  10. ATO: Schedule 1 (NAT 1004) – Using a formula (x = whole dollars + 99c; round to nearest dollar, 50c up)
  11. ATO: Personal income tax – new tax cuts for every Australian taxpayer (2026–27 SAPTO thresholds)
  12. ATO: Schedule 15 – Tax table for working holiday makers (Table A: rates for 2026–27, payments from 1 July 2026)
  13. ATO: Schedule 1 – Statement of formulas for calculating amounts to be withheld (NAT 1004), payments from 1 July 2026 – weekly coefficients
  14. ATO: Schedule 1 (NAT 1004) – Withholding amounts sample data, weekly (from 1 July 2026)
  15. ATO: Schedule 8 – Statement of formulas for calculating study and training support loans components (NAT 3539), payments from 1 July 2026
  16. ATO: Key super rates and thresholds – Contributions caps (Table 1.1 concessional, Table 4 non-concessional)
  17. ATO: Understanding concessional and non-concessional contributions (concessional contributions taxed in the fund at 15%)
  18. ATO: Key super rates and thresholds – Division 293 tax (Table 7: $250,000 threshold, 15% rate)
  19. ATO: Key super rates and thresholds – Super guarantee (Table 21 SG %, Tables 23–24 maximum contribution base)
  20. ATO: Key super rates and thresholds – Government contributions (Table 25 co-contribution thresholds; LISTO)
  21. ATO: Low income super tax offset (15% of concessional contributions, max $500, income $37,000 or less)
  22. ATO: Key super rates and thresholds – Transfer balance cap (Table 26)
  23. ATO: Key super rates and thresholds – Payments from super (Table 12 preservation age)
  24. ATO: Key super rates and thresholds – Employment termination payments (Table 17 ETP cap, Table 20 genuine redundancy limits)
  25. ATO: How ETP components are taxed (17%/32% incl. Medicare; $180,000 whole-of-income cap; 45% + 2% above cap)
  26. ATO: How GST works (10% rate)
  27. ATO: Registering for GST ($75,000 / $150,000 non-profit; taxi or limousine travel incl. ride-sourcing regardless of turnover)
  28. ATO: CGT discount (50% individuals and trusts, 33.33% complying super funds, 12-month ownership)
  29. ATO: Tax reform – Reforming negative gearing and capital gains tax (applies from 1 July 2027)
  30. ATO: Changes to company tax rates (25% base rate entity, $50m aggregated turnover, 2021–22 and future years)
  31. ATO: Company tax rates 2025–26
  32. ATO: Instant asset write-off for eligible businesses (Table 1: $20,000, turnover under $10 million)
  33. ATO Small business newsroom: $20,000 instant asset write-off here to stay (permanent from 1 July 2026)
  34. ATO: Small business income tax offset (16%, max $1,000, turnover under $5 million, 2021–22 onwards)
  35. Fair Work Ombudsman: Minimum wage increase starts today (1 July 2025 – $948.00/week, $24.95/hour, casual $31.19)
  36. Fair Work Ombudsman: Minimum wage increase starts today (1 July 2026 – $1,004.90/week, $26.44/hour, casual $33.05)
  37. Fair Work Commission: Annual Wage Review 2026 ([2026] FWCFB 3500, announced 2 June 2026)
  38. ATO: Tax tables – July 2026 updates (NAT 1005 weekly, NAT 1006 fortnightly, NAT 1007 monthly)
  39. ATO: Monthly tax table (NAT 1007) – payments from 1 July 2026
  40. ATO: Varying your PAYG withholding (processing 28 days online, 56 days paper)
  41. ATO: How to claim the tax-free threshold