Australia's next round of tax cuts starts 1 July 2026. The 16% rate drops to 15%, and the 30% rate drops to 29%. See exactly how much extra you'll keep every week, month and year.
✓ Legislated — already law
FY2024–26
Current: 16% / 30% / 37% / 45%
1 Jul 2026
16% → 15% 30% → 29%
1 Jul 2027
15% → 14% 29% → 28%
$
Enter your current salary and see a side-by-side comparison of your take-home pay for FY2025-26 (now), FY2026-27 (from July 2026) and FY2027-28 (from July 2027).
Your extra take-home from 1 July 2026
$0
more per year starting FY2026-27
$0
per week
$0
per fortnight
$0
per month
$0
over 5 years
0%
effective rate reduction
Tax bracket comparison across financial years
Cells highlighted in green show your income bracket