Tools
OzMoneyTools is a growing suite of Australian finance tools. Start with the pay calculator, then dive into the explainers for tax, Medicare, MLS, HECS/HELP and super.
Take-home pay calculator
Estimate your net pay by pay cycle, with super, Medicare, MLS and HECS/HELP options.
Tax info
Resident vs foreign resident tax tables and how taxable income works.
Medicare levy
How the 2% levy works and low-income reduction thresholds.
Medicare Levy Surcharge (MLS)
Income tests, thresholds and tier rates.
HECS/HELP repayments
Repayment income definition and current thresholds/rates.
Superannuation
Super on top vs ‘salary includes super’ packages.
Tax distribution
Breakdowns and charts showing where your pay goes.
COMING SOON
- GST calculator
- Mortgage repayment + offset impact
- Salary packaging / novated lease helpers