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IQPayslipIQ

Australia's smart payslip, tax and take-home pay calculator.

Payslip basics

Australian Payslip Explained

Written and checked by , Founder and EditorPublished Updated Figures checked against ATO and Fair Work sources.

Short answer

An Australian payslip shows gross pay, the PAYG tax withheld, the 2% Medicare levy, any HELP/STSL repayment, the 12% superannuation your employer pays to your fund, and the net pay you bank. It must also show the pay period, the payment date, and your rate and hours if you are paid hourly.

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General information only. This is an estimate and not tax, legal, financial or migration advice. Results may differ from your employer's payroll, the ATO or your final assessment. Always check official sources or a qualified professional.

The key lines on your payslip

Gross pay is your earnings before tax. PAYG withholding is the income tax your employer sends to the ATO. The Medicare levy is generally 2% of taxable income. Super is the 12% your employer pays to your fund - shown on the payslip but not part of take-home pay. Net pay is what lands in your account.

Allowances, deductions and leave

Allowances (like tool or travel allowances) and bonuses are usually shown separately and may be taxed. Deductions such as union fees or salary sacrifice are itemised. Many payslips also show leave balances, though that is not strictly required.

Check it is correct

Confirm your rate and hours, that super is shown and going to your fund, and that deductions are authorised. Use the payslip compliance checker if something looks off.

Frequently asked questions

Is super part of my take-home pay?+

No. Super is paid to your fund and is separate from your net pay.

What is PAYG on my payslip?+

Pay As You Go withholding - the income tax your employer deducts each pay and remits to the ATO.

Does Australia use tax codes?+

No. Australia does not use UK-style PAYE tax codes. Your pay depends on your TFN declaration, residency and the tax-free threshold.

General information only. This is an estimate and not tax, legal, financial or migration advice. Results may differ from your employer's payroll, the ATO or your final assessment. Always check official sources or a qualified professional.
Sources & methodology

Last updated 13 August 2026. Figures use the 2026-27 financial year.

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