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Get the GuideThinking of employing someone in Australia? As with every other country, certain costs are associated with employing a worker that come on top of the gross salary that you are offering. For Australia, those includes Payroll tax which is between 0 and 6.85%, as well as Superannuation, which is 10.5% currently but is set to increase by 0.5% each year until it reaches 12% in 2025.
In Australia, employees pay a number of taxes, which are deducted from their gross salary by their employers. The amount of income tax that the employee contributes depends on the amount of income that they earn and on their personal circumstances. All employees contribute 2% to the medicare levy. There are several tax credits and reliefs that may offset employees’ tax liabilities.
Use our interactive employment cost calculator to see the total salary costs in Australia outlined in the sections above. You can also get a detailed employee cost breakdown in pdf (like this one but with actual data), which will show the take-home pay that employees will get.
Looking for similar employment cost breakdowns for other countries? We have 21 more employee cost calculators.
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