Take-Home Pay Calculator with HECS/HELP (2026-27)
See your net pay after income tax, Medicare levy and your compulsory HECS/HELP repayment under the new 2026–27 marginal repayment rates, per week, fortnight and month.
Last updated 29 Oct 2026Figures for 2026-27Sources: ATO, SRO Victoria, ASIC Moneysmart
Your results
- Take-home pay / yr
- Per fortnight
- Per week
- Per month
- Income tax (after LITO)
- Medicare levy
- HELP repayment
- Employer super (on top)
- Effective rate (tax + HELP)
Not financial or tax advice. This is a general estimate from the figures you enter. It does not consider your personal circumstances. Check with a registered tax agent or licensed adviser before acting.
How it's calculated
- Income tax uses 2026–27 resident rates, less the low income tax offset.
- Medicare levy is 2%, with the single low-income reduction.
- HELP repayment income = salary + extra repayment income. The repayment uses the 2026–27 marginal table.
- Take-home = salary − tax − Medicare − HELP.
| Repayment income | Repayment |
|---|---|
| $0 – $69,528 | Nil |
| $69,529 – $129,717 | 15c per $ over $69,528 |
| $129,718 – $186,050 | $9,028 + 17c per $ over $129,717 |
| $186,051+ | 10% of total repayment income |
Worked example
On a $90,000 salary, tax is $17,520 and Medicare is $1,800. HELP is ($90,000 − $69,528) × 15% = $3,070.80, so take-home is $67,609.20, about $2,600 a fortnight. Your employer also pays $10,800 super.
Sources & assumptions
- ATO: Study and training loan repayment thresholds and rates (2026–27 table and worked examples).
- ATO: Tax rates for Australian residents.
- ATO: Low income tax offset.
- ATO: Super guarantee (12%).
- Medicare low-income thresholds use the latest published single figures ($28,011 and $35,013). The 2026–27 figures may differ.
Last checked 29 October 2026. Assumes a full-year resident individual with no other income, deductions, Medicare levy surcharge or family thresholds. General information, not advice.
FAQ
When do I start repaying HECS/HELP in 2026–27?
When your repayment income goes over $69,528. Under the marginal system you only repay on income above that threshold (ATO).
How much HELP will I repay in 2026–27?
15c per dollar between $69,528 and $129,717. Then $9,028 plus 17c per dollar up to $186,050. Above that it's 10% of your total repayment income.
What is repayment income?
Taxable income plus reportable fringe benefits, total net investment losses, reportable super contributions and exempt foreign employment income. Use the extra field for those amounts.
Is super included in my take-home pay?
No. Employers pay super guarantee of 12% on top of your ordinary earnings in 2026–27. It goes to your fund, not your bank account.
Why does my payslip differ slightly?
Employers use ATO withholding schedules, which round per pay period. This calculator works out the annual tax liability, so your end-of-year result is what it estimates.