AD ยท Google AdSense
๐Ÿ’ผ Career

Pay Rise Calculator

Calculate the impact of a pay rise. See your new salary, tax change and how much extra you take home.

$
%
$0
New Annual Salary
Salary Increase
$0
Extra Per Month
$0
Extra Per Week
$0
Extra Per Day
$0

About This Pay Rise Calculator

This pay rise calculator shows what a pay increase actually adds to your take-home pay after tax. A headline raise looks bigger than the extra you'll bank, because the additional income is taxed at your marginal rate.

This is general information only. A common myth is that a raise pushing you into a higher tax bracket can leave you worse off โ€” it can't, because only the income within the higher bracket is taxed at the higher rate.

Frequently Asked Questions

Will a pay rise push me into a worse position?+
No. Australia uses marginal tax rates, so only the part of your income above each threshold is taxed at the higher rate. A raise always leaves you better off.
Why is my take-home raise smaller than the headline?+
Because the extra income is taxed at your marginal rate, and may also affect the Medicare levy, so you keep a portion, not all, of the gross increase.
How do I make the most of a raise?+
Consider directing part of it to savings or extra super before you adjust your spending, so the increase builds your finances.

Related Tools

โ†’ Salary Calculatorโ†’ Payslip Calculatorโ†’ Income Tax Estimator

RELATED GUIDE

What a Pay Rise Really Adds to Your Take-Home Pay

Why a pay rise never increases your take-home pay by the full amount, how tax affects the extra income, and why a raise is still always worth having.

Read the full guide →