Turn your net pay into gross annual pay with this quick calculator
Whether you’re filling in a loan application, applying for a new job or completing a household budget, sometimes you need to know your annual gross salary. Use this handy Savvy income gross-up salary calculator to find out quickly and easily how much you’re earning and what tax you’ll pay in a year.
Gross income explained
How do I use the income gross-up salary calculator?
It’s simple to use this salary gross-up wage calculator to find out what your annual salary is based on your net pay. Just enter in your net pay either weekly, fortnightly, monthly or annually. Use the green arrow to change the frequency of your pay period. From there, you can see your results, which will tell you what your annual gross income is and the annual tax you will have paid.
When may I need to calculate my grossed-up salary?
There are many situations when you may need to know your annual salary based on your take-home pay. These can include:
- Applying for a home loan or car loan
- Filling in an application for a personal loan
- Applying for government assistance or pensions
- Writing your CV or applying for a new job
- Supplying information to your tax agent or accountant
- Family court or divorce statements
You can use this reverse income tax calculator to quickly tell you what your grossed-up salary will be, remembering that the calculations provided are based on standard Australian income tax thresholds.
What are the income tax thresholds in Australia?
If you earn at or below $18,200 this coming financial year, you aren’t required to pay income tax. As of the 2024-25 financial year the income tax thresholds in Australia start at an income of $18,201 and are as follows:
The above rates do not include the Medicare levy of 2%
