The tax instalment tables for PAYG wage and salary earners can be obtained in a number of formats.
Printed Tables – downloadable PDF files
Includes weekly, fortnightly, monthly and quarterly tax instalment schedules from 1 July 2017.
Tax scale changes from 1 July 2018
The recent budget 2018 provided for changes to the personal tax scale commencing 1 July 2018, for which the necessary legislation has not as yet been passed. The effect of the changes in 2018-19 is to lift the 32.5% band ceiling from $87,000 to $90,000.
Until the legislation is confirmed, the Tax Office is continuing to use 2017-18 withholding schedules, except for HECS/HELP, SSL, TSL and SFSS which have been updated to apply from 1 July 2018.
PAYG spreadsheet calculator
For the convenience of a spreadsheet tax instalment calculator to keep on your desktop, our updated 2017-18 PAYG calculator (applying from 1 July 2017 and continuing to apply from 1 July 2018) is available here. Click here: Spreadsheet PAYG calculator
The Mobile App – free from the Tax Office
The Tax Office’s free mobile app contains a number of handy tax tools, including a salary and wage PAYG tax withholding calculator.
Also included in the app are functions to:
- work out if your worker is an employee or contractor for tax and super purposes
- search Small Business Assist to find relevant information and YouTube video explanations on a range of topics
- see how quickly you can pay off a tax debt with a payment plan
- track the progress of your individual income tax return after you have lodged
- view income tax rates for the current financial year
- lodge your tax return with myTax
- check out business benchmarks
Further information and download links are available here: get the ATO App
Desktop Spreadsheet PAYG Calculator
Like the convenience of a spreadsheet tax instalment calculator to keep on your desktop?
Our updated 2017-18 PAYG calculator (continuing to apply from 1 July 2018) is available here.
About PAYG (withholding) Tax Instalment Deductions For Employees
The required tax instalment deductions from employees’ pays in are set out in tax tables normally updated annually by regulations and published by the Tax Office in printed and PDF. Some situations with more complex requirements are maintained as an online resource. The PAYG ‘printed’ tables are linked linked on this website here.
The tax tables are intended to provide an estimate of the final tax payable when an employee lodges his or her tax return for assessment at the end of the financial year.
Tax tables for the 2017-18 financial year have been updated to reflect the removal of the top rate 2% surcharge (incomes over $180,000) but otherwise remain the same as the 2016-17 financial year. Changes to the 2018-19 tax scale foreshadowed in the 2018 Budget are subject to the passage of legislation which includes a proposed lifting of the ceiling of the 32.5% band from $87,000 to $90,000.
Significant changes were made to the tax scale in 2012-13 – see Comparison of 2013 and 2012 Tax Rates. There were no further changes in the basic scale until 2014-15 when the medicare levy basic percentage increased by 0.5% and a 2% budget levy added to the top marginal tax rate which applies until until 30 June 2017. A further increase in the basic medicare percentage rate, moving to 2.5%, is scheduled for 1 July 2019.
Official tax instalment (PAYG) rates are slightly more than the actual tax rate. So all things being equal, an employee with nothing other than wages to put in their tax return, could normally expect a small refund on the final tax assessment.
This normally means there is a small difference between the tax calculated by our PAYG calculator (or manually from the tax instalment schedules) compared to an annual income tax calculation based on the actual tax rates. The difference is perfectly normal, and simply due to the slight difference in the calculation formulae.
This page was last modified 2018-06-15