Disclaimer

Last updated: 6 October 2026

The Contract Take-Home Calculator provides general information and estimates only. It is not tax, financial, accounting, employment or legal advice, and it does not take your personal circumstances into account.

Estimates only

Results are based on simplified assumptions, including Australian resident tax rates for the 2026–27 financial year, the 2% Medicare levy, the low income tax offset, and a 12% super rate. The calculator does not account for HELP or other study debts, the Medicare levy surcharge, Medicare levy reductions, other offsets, deductions, GST obligations or contracts that span more than one financial year. Your actual tax and take-home pay may differ.

Public holidays

Holiday dates cover state-wide public holidays only, for 1 October 2026 to 31 December 2027. Local and regional holidays, and dates announced later, are not included. Confirm dates with your state or territory government and your contract terms.

ABN and PAYG

Whether you are an employee or an independent contractor depends on the facts of your arrangement, not on what the contract calls it. Super, leave, public holiday pay and tax treatment differ between the two.

Get professional advice

Before accepting a contract or making financial decisions, speak with a registered tax agent or financial adviser, and check current rates and rules at ato.gov.au.

Limitation of liability

To the extent permitted by law, we accept no responsibility for any loss or damage arising from use of, or reliance on, this calculator.