Bonus Tax Calculator Australia
Bonuses, commissions and lump sums are taxed at your marginal tax rate. See exactly how much tax you'll pay and what you'll take home.
Bonus Tax Calculator
Calculate how much tax is withheld from your bonus, commission or lump sum payment.
| Bonus amount | $10,000.00 |
| Tax on bonus | -$3,000.00 |
| Medicare on bonus | -$200.00 |
| Net bonus | $6,800.00 |
How Bonuses Are Taxed in Australia
Bonuses are added to your regular income and taxed at your marginal tax rate. This means your bonus is taxed at the highest tax bracket your total income falls into, which is why bonuses often have a withholding rate of 30-47%.
Frequently Asked Questions
How much tax is deducted from my bonus?
Bonuses are taxed at your marginal rate. A $10,000 bonus for someone earning $90,000 will have approximately $3,000 withheld for tax plus $200 for Medicare, giving a net bonus of $6,800.
Can I put my bonus into super to save tax?
Yes. You can salary sacrifice your bonus into super, where it's taxed at only 15% instead of your marginal rate, saving you significant tax.
Is commission taxed the same as a bonus?
Yes. Commissions are treated as ordinary income and taxed at your marginal rate, just like bonuses and other lump sum payments.