Earnings

[Guest destinationoz]

Is anyone able to advise? If I earned $60k - how much in dollars - roughly - would I take home per month? I don't know what they deduct!! So - equally, how much dollars would I get paid if I earned $80k? Thanks lots!

[Guest destinationoz]

There must be people earning salaries out there!! See above!! Please can someone help? I just can't work it out as don't know what to deduct eg tax ? Pension? National insurance? Thanks lots!!

[Guest Toorak Trev]

Australian Taxation Office Homepage (refer to this site for personal tax rates - calculate then on what ever income you are looking for and you will have your net) Also remember to specifiy if your figures are weekly, monthly, quarterly or annual.

 

Pension = super (compulsory 9% is paid by your employer on top of your gross, when discussing pay ensure you clarify is it pre or post super)

NI = Medicare (you would need to be earning significantly more than $100k to be concerned and if you obtain private health insurance it is waived).

[Guest mikka711]

I've found taxcalc a useful guide :v_SPIN:

http://www.taxcalc.com.au/

[furkew]

There must be people earning salaries out there!! See above!! Please can someone help? I just can't work it out as don't know what to deduct eg tax ? Pension? National insurance? Thanks lots!!

 

If you post at 2am in Oz time, give us a chance to wake up to answer :wink:

[Guest destinationoz]

If you post at 2am in Oz time, give us a chance to wake up to answer :wink:

 

Whooops!!!!! Sorry - wasn't thinking clearly - the freezing weather here froze my brain!

[Guest guest17301]

Depends on tax rate but about $2k a fortnight on 60k a year and that is very approximate.