Take home pay

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Old Mar 3rd 2008, 11:24 am
  #1  
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Default Take home pay

Please could anyone tell me roughly what my take home pay would be on 30aud per hour for a 40 hour week. I have worked out thats 1200aud per week and monthly would be 4800aud but don't know what deductions there are and how much tax/ NI etc is taken.
I am just trying to work out finances and how much money I actually get in the bank so I can see what rental fees I can afford.
many thanks Andy
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Old Mar 3rd 2008, 11:26 am
  #2  
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Default Re: Take home pay

Originally Posted by mers
Please could anyone tell me roughly what my take home pay would be on 30aud per hour for a 40 hour week. I have worked out thats 1200aud per week and monthly would be 4800aud but don't know what deductions there are and how much tax/ NI etc is taken.
I am just trying to work out finances and how much money I actually get in the bank so I can see what rental fees I can afford.
many thanks Andy
Try infochoice.com....tax indicator is usually good.
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Old Mar 3rd 2008, 4:50 pm
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Default Re: Take home pay

I Think but not sure deductions would be around 26%.



Originally Posted by mers
Please could anyone tell me roughly what my take home pay would be on 30aud per hour for a 40 hour week. I have worked out thats 1200aud per week and monthly would be 4800aud but don't know what deductions there are and how much tax/ NI etc is taken.
I am just trying to work out finances and how much money I actually get in the bank so I can see what rental fees I can afford.
many thanks Andy
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Old Mar 3rd 2008, 7:10 pm
  #4  
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Default Re: Take home pay

The Tax Office is generally a good place to start.

www.ato.gov.au
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Old Mar 3rd 2008, 7:33 pm
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Default Re: Take home pay

Originally Posted by mers
Please could anyone tell me roughly what my take home pay would be on 30aud per hour for a 40 hour week. I have worked out thats 1200aud per week and monthly would be 4800aud but don't know what deductions there are and how much tax/ NI etc is taken.
I am just trying to work out finances and how much money I actually get in the bank so I can see what rental fees I can afford.
many thanks Andy

My OH earns that and it works out at about $1830 per fortnight.
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Old Mar 3rd 2008, 9:14 pm
  #6  
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Default Re: Take home pay

After tax I earn about $1200 ($38kpa) a fortnight, my husband who is in a $15k better paid job clears about $1600 per fortnight, not a massive difference per pay day as you can see.
looking forward to seeing what we may get back from centrelink and the tax man as We pay $146 per week on after school care, $350 per week vacation care.
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