Total Pay Formula:
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This calculator helps Australian employees and employers estimate total take-home pay including base salary, sales commission, tax deductions, and superannuation contributions.
The calculator uses the following formula:
Where:
Salary: Fixed annual amount before any additions or deductions.
Commission: Variable pay based on sales performance.
Tax: Estimated income tax based on gross earnings.
Superannuation: Mandatory employer contribution (currently 11% of gross earnings).
Tips: Enter all amounts in AUD. For accurate results, use your actual salary, expected sales, commission rate from your contract, estimated tax rate based on your income bracket, and current superannuation guarantee rate (11% as of 2024).
Q1: Is superannuation included in taxable income?
A: No, super contributions are made from pre-tax income and are taxed separately at 15% within the super fund.
Q2: What's the current super guarantee rate?
A: As of July 2024, it's 11% of ordinary earnings, increasing to 11.5% in July 2025.
Q3: How accurate is the tax estimation?
A: This provides a simplified estimate. Actual tax depends on deductions, Medicare levy, and other factors.
Q4: Are commissions taxed differently?
A: Commissions are taxed as ordinary income at your marginal tax rate.
Q5: When is super paid on commissions?
A: Super is generally paid on ordinary earnings which may or may not include commissions - check your employment contract.