Tax withheld from a bonus
bonus_withholdingPAYG tax to withhold from a bonus, commission or other one-off payment made with a regular Australian pay, using ATO Schedule 5 Method A, for 2025-26 or 2026-27. Use it for 'how much tax comes out of my bonus'. Returns the tax on the bonus only, never more than 47% of it; work out the regular pay's withholding separately with payg_withholding. Amounts in AUD. Read-only and deterministic.
Tool call template
Replace each placeholder with a value matching the input schema. Only required parameters are included; add optional parameters as needed.
{
"id": 1,
"jsonrpc": "2.0",
"method": "tools/call",
"params": {
"arguments": {
"earnings": "<earnings>",
"bonus": "<bonus>",
"period": "<period>"
},
"name": "bonus_withholding"
}
}Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| bonus | Yes | The bonus or commission amount (AUD). | |
| period | Yes | Pay period. | |
| payDate | No | Pay date (YYYY-MM-DD). | |
| taxYear | No | Australian financial year (1 July to 30 June) whose withholding tables to use. Default 2026-27. | |
| earnings | Yes | Regular gross earnings for the pay period the bonus is paid with (AUD), excluding the bonus. | |
| studyLoan | No | Has a HELP, VSL, SSL or other study and training support loan. Default false. | |
| tfnProvided | No | Employee gave their tax file number. Default true. False applies the no-TFN rate. | |
| periodsCovered | No | Pay periods the bonus relates to, if less than a year. | |
| foreignResident | No | Foreign resident for tax purposes. Default false. | |
| taxFreeThreshold | No | Tax-free threshold claimed with this employer. Default true (main job). Use false for a second job. |