Payg Withholding Fortnightly Tax Table 2024. This simplified ato tax calculator will calculate your annual, monthly, fortnightly and weekly salary after payg tax deductions. Income tax on your gross earnings , medicare levy (only if you are using medicare) , superannuation.
To legislate tax tables each year, the commissioner will issue a legislative instrument containing withholding schedules for working out the amount to be withheld under the pay as you go. More than $7,305, withhold $2,134 plus 47 cents for each $1 of earnings in excess of $7,305.