Pay and super calculator
What lands in the bank after PAYG withholding, what the super guarantee adds on top, and what the whole pay costs an employer.
In the bank a fortnight
$2,324.62
Super on top a fortnight
$346.15
12% of your ordinary earnings.
This pay
- Pay before tax
- $2,884.62
- Tax withheld
- -$560.00
- Take-home pay
- $2,324.62
Over a year, at this rate
- Pay before tax
- $75,000.12
- Tax withheld
- -$14,560.00
- Take-home pay
- $60,440.12
- Super into your fund
- $9,000.01
The withholding is the ATO's Schedule 1 formula (plus Schedule 8 for study loans), and the super is the rate and maximum contribution base from our payroll rate book.
What's actually in a pay
Four moving parts, and only one of them lands in the bank.
- 01
Pay before tax
The hours or salary you earned this pay, plus any allowances that get taxed.
- 02
PAYG withholding
Tax your employer holds back and sends to the tax office for you, worked out on the ATO's weekly table for your pay.
- 03
Study loan
If you've got a HECS or HELP debt, a bit more comes out on top of the tax, by the same tables.
- 04
Super
12% of your ordinary earnings, paid by your employer into your fund on top of your pay. It isn't taken out of it.
Questions about pay and super
One plain pay, nothing else on it: no salary sacrifice, bonuses, leave loading, child support or a second job. Those all change the withholding, and a real pay run works them out properly.
Payroll's coming soon, and the first few staff are free.
Pay runs, payslips, PAYG and super are built and waiting on the tax office to switch Single Touch Payroll on. Your invoices, receipts and BAS are free in Billbook today.