YTD Income Calculator: Annualised Income 2026–27

What YTD means on your payslip

YTD stands for year to date. On an Australian payslip it is the running total since 1 July, the start of the income year, of your gross pay, tax withheld, super and any salary sacrifice. Fair Work requires every payslip to show gross and net pay and to be issued within one working day of pay day. Most payroll systems also print the YTD columns, and the totals feed your end-of-year income statement in myGov.

A YTD figure on its own does not tell you much, because it depends on how far through the year you are. Annualising it converts it to a full-year rate so you can compare it with a salary, estimate your tax and check whether you are heading for a refund or a bill.

How to annualise YTD income

Annualised income = YTD gross ÷ share of the year that has passed. The calculator offers two ways to measure the share. By date, it counts the days from 1 July to the pay or period-end date. By number of pays, it divides the pays received by the pays in a year (52, 26 or 12).

Example: your payslip dated 2 October 2026 shows $31,500 YTD gross. That is 94 of 365 days (25.8%), so your annualised income is $122,314, or $10,193 a month. If instead you count 7 fortnightly pays out of 26, the annualised figure is $117,000. The two differ because a pay date can fall a few days after the period it pays for. Use the pays method when you are paid regularly and have not had a bonus, and the date method when your pay varies.

Projected tax refund or bill from your YTD figures

Your payslip's YTD tax withheld lets you check whether withholding is on track. In the example, 7 fortnightly pays of $4,500 have had $7,546 withheld. Over 26 pays that projects to $28,028 withheld on $117,000. The tax and Medicare levy assessed on that income for 2026–27 is $27,960, so you are on track for a refund of about $68. Bigger gaps are a sign that something on your TFN declaration or a variation needs attention.

Withholding and assessed tax differ for predictable reasons. Offsets such as the low income tax offset are only applied at the end of the year. A bonus paid in one pay inflates the YTD figure. A second job where you did not claim the tax-free threshold withholds at a higher rate. And if you have a study loan, the HELP component is an estimate until the ATO works out your real repayment income.

If you stop working part-way through the year

Tax is assessed on what you actually earn in the income year, not on the annualised rate. If you stopped working on 2 October with $31,500 earned, the tax and Medicare on that amount would be $1,644, against $7,546 already withheld. The $5,902 difference would be refunded when you lodge. This is why people who start work late in the year, take parental leave or travel overseas often get a large refund.

Annualised salary for loans and other income checks

Lenders, landlords and some government agencies ask for recent payslips and look at the YTD totals. They are checking that the income you state matches what you are actually being paid, and that overtime, allowances or commissions are regular rather than one-off. An annualised figure well above your base salary usually means irregular income, which a lender may average or discount.

Keep in mind that YTD gross on a payslip excludes your employer's super guarantee. It may include salary sacrifice amounts depending on how your payroll reports them, so check whether the figure is before or after salary sacrifice before comparing it with a quoted package.

• For a home loan, have your three most recent payslips and your latest income statement or notice of assessment ready.
• If you changed jobs this year, add the YTD figures from both employers. Each payslip only shows that employer's totals.
• Paid weekly or fortnightly? Some years have 53 weekly or 27 fortnightly pay days, which slightly inflates a full year's total.