Australia resident income tax
au_income_taxCalculates Australian resident income tax for 2025-26, including Medicare levy, surcharge, LITO offset, and HELP/HECS repayment, using taxable income and insurance status.
Instructions
Computes Australian resident income tax (2025-26 ATO brackets) plus Medicare levy, Medicare levy surcharge, LITO offset, and HELP/HECS repayment. Example: { taxableIncome: 95000, privateHospitalCover: true, hasHelpDebt: false }. Estimate for guidance — 2026 rates from official sources (IRS/Tax Foundation/CRA/ATO/state revenue offices/HMRC).
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| hasHelpDebt | No | True if the taxpayer has an outstanding HELP/HECS debt (triggers compulsory repayment). | |
| taxableIncome | Yes | Annual taxable income in AUD. | |
| privateHospitalCover | No | True if covered by private hospital insurance (avoids the Medicare Levy Surcharge). |