Income Gross Up Calculator

Calculate what your annual gross salary is based on your net pay with Savvy’s income gross-up calculator

Last updated on July 18th, 2022 at 01:58 pm by Cate Cook

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.  The income tax thresholds in Australia start at an income of $18,201 (representing the same brackets as the 2021-22 financial year) and are as follows:

Taxable income Tax on this income
0 – $18,200
Nil
$18,201 – $45,000
19 cents for each $1 over $18,200
$45,001 – $120,000
$5,092 plus 32.5 cents for each $1 over $45,000
$120,001 – $180,000
$29,467 plus 37 cents for each $1 over $120,000
$180,001 and over
$51,667 plus 45 cents for each $1 over $180,000

The above rates do not include the Medicare levy of 2%

How to maximise your tax deductions

More of your frequently asked questions about income

Is the Medicare levy included in most Australian salaries?

Yes – in the grossed-up wages calculator you should select ‘Yes’ to this question, as Australian employers do automatically deduct the 2% Medicare levy from gross salary.  People who are exempt from paying the Medicare levy can claim back the levy amount that has already been deducted in their tax return at the end of the financial year.

Should I include my annual bonus in the calculator?

No – any one-off sums which you may earn should not be included in the income gross-up calculator.  This is because the calculator assumes your net pay is an accurate reflection of your annual gross pay and could duplicate the one-off bonus to give an incorrect figure for your annual income.  As such, you should manually add any bonuses you may receive on top of the final calculations done by the calculator.

How much superannuation do employers have to contribute?

Currently, in 2022, employers are obliged to make a 10% contribution to an employee’s superannuation fund.  However, this amount is progressively increasing in 0.5% increments up to a limit of 12% from 1 July 2025.

What pay deductions are permitted from gross salary?

Deductions from your gross salary can include:

  • Income tax
  • Any salary sacrifice amounts
  • Employer super contributions
  • Employee voluntary super contributions
  • Child support payments
  • Student/study debts such as HECS-HELP payments
If I work on an hourly basis, will this affect my gross pay?

It may if you aren’t paid for sick days, holidays and other time that you take off from work.  Standard gross-up wage calculators, as well as our reverse income tax calculator, assume a 52-week working year.

What is a tax to gross income ratio?

This ratio is the amount of tax that you pay as a proportion of your gross income.  For example, if you take home $2,200 per fortnight, this equates to an annual salary of $72,774 p.a. and your tax to gross income ratio is 21.4%.  This means you pay 21.4% of your salary in income tax.