Income and tax
Income Annualisation Calculator
Turn year-to-date income from a payslip into a full-year figure, the way lenders read a recent payslip.
- Cost
- Free
- Your figures
- Stay in your browser
- Method
- Set out below
The Australian financial year starts on 1 July.
The end of the pay period on your most recent payslip.
The year-to-date gross pay on the same payslip, before tax.
Annualised income
$95,217
$24,000 over 92 days paid, scaled to a 365 day year.
- Paid days
- 92
- Unpaid days
- 273
- Days in the year
- 365
- Monthly equivalent
- $7,935
- Fortnightly equivalent
- $3,662
- Weekly equivalent
- $1,831
Estimate only, based on the figures entered and the assumptions listed below. It is not a quote, an offer of credit or personal advice.
How this calculator works
Lenders often work out your income from the year-to-date figure on your latest payslip. Dividing by the days covered and multiplying by the days in a year gives the annual figure.
The result is only as good as the period behind it. Early in the year, one large or small pay moves it a lot.
Assumptions
- The start and end dates both count as paid days.
- A year is 366 days if the 12 months from the start date include 29 February, and 365 days otherwise.
- Gross income in gives gross income out. No tax is calculated.
Want the number a lender would actually give you?
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