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Bonus Tax Calculator

2025/26
Your Details
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Bonus Summary

Bonus

$5,000.00

Tax on Bonus

$1,600.00

You Keep

$3,400.00

Bonus Tax Rate

32.0%

Marginal Rate

30.0%

Tax on Your Bonus
Gross Bonus$5,000.00
Income Tax on Bonus-$1,500.00
Medicare Levy on Bonus-$100.00
Total Tax on Bonus-$1,600.00
Net Bonus (Take Home)$3,400.00
With vs Without Bonus
Without BonusWith BonusDifference
Gross Income$85,000.00$90,000.00$5,000.00
Total Tax$17,988.00$19,588.00$1,600.00
Net Pay$67,012.00$70,412.00$3,400.00
More Information
Understanding Bonus Tax in Australia

How are bonuses taxed in Australia?

In Australia, bonuses are treated as ordinary income and taxed at your marginal tax rate. There is no special "bonus tax" -- your bonus is simply added to your annual income and taxed progressively. However, because it pushes you higher in the tax brackets, the effective rate on the bonus is typically higher than on your regular salary.

Why does my bonus seem heavily taxed?

Your employer withholds PAYG tax from bonus payments using a special method (Method B of the ATO withholding schedule). This can result in higher withholding than your actual liability. Any over-withholding is refunded when you lodge your tax return.

Can I reduce tax on my bonus?

You can salary sacrifice part of your bonus into super (up to the $30,000 concessional cap). This means you pay 15% contributions tax instead of your marginal rate, potentially saving significantly on tax.

ATO-Aligned: This calculator uses official ATO tax rates for the 2025-26 financial year. The actual PAYG withholding on your bonus payment may differ -- see your payslip for withholding amounts.

Disclaimer: This calculator provides estimates based on current ATO rates and thresholds for the 2024–25 financial year. It does not constitute professional tax, financial, or legal advice. Your actual liability may differ depending on your individual circumstances. Always consult a qualified tax agent before making financial decisions. Read our terms