Pay Rise Calculator
Calculate the real value of a pay rise after tax. See exactly how much extra you'll take home from a salary increase.
Pay Rise Impact
Current Salary
Gross Annual $85,000
Income Tax -$17,317
Medicare Levy -$1,700
Net Annual $65,983
Monthly Take-Home $5,499
After Pay Rise
Gross Annual $89,250
Income Tax -$18,592
Medicare Levy -$1,785
Net Annual $68,873
Monthly Take-Home $5,739
Gross Rise
$4,250
Extra Tax
-$1,360
Net Rise (Annual)
$2,890
Extra Per Month
$241
Effective Tax Rate on Raise
The percentage of your raise that goes to tax and Medicare
32%
Pay Rise Breakdown
Understanding Marginal Tax Rates
Your pay rise is taxed at your marginal rate - the tax bracket your additional income falls into. This is typically higher than your average tax rate.
| Tax Bracket | Marginal Rate | + Medicare | Keep per $1 |
|---|---|---|---|
| $0 - $18,200 | 0% | 2% | $0.98 |
| $18,201 - $45,000 | 16% | 18% | $0.82 |
| $45,001 - $135,000 | 30% | 32% | $0.68 |
| $135,001 - $190,000 | 37% | 39% | $0.61 |
| $190,001+ | 45% | 47% | $0.53 |
Maximizing Your Pay Rise
- • Salary sacrifice to super - contributions taxed at 15% instead of marginal rate
- • Negotiate benefits - FBT-exempt items like laptops can be more valuable
- • Extra super - ask for 13-15% super instead of just the legislated 12%
- • Flexible work - WFH saves commute costs
- • Professional development - courses/training add career value