FY 2020-21 Β· Australian resident
$35 per hour after tax in FY 2020-21
$35/hour at a 38-hour working week in the FY 2020-21 financial year gave $55,913 per year take-home, an effective tax rate of 19.2%.
What was different in FY 2020-21
- Stage 2 tax cuts brought forward (32.5% bracket extended to $120k).
- LMITO worth up to $1,080 for middle earners.
- Super Guarantee rate 9.5%.
38 vs 40 hours per week
| Scenario | Annual gross | Total tax | Take-home | Effective |
|---|---|---|---|---|
| 38 h/week Γ 52 weeks | $69,160 | $13,247 | $55,913 | 19.2% |
| 40 h/week Γ 52 weeks | $72,800 | $14,503 | $58,297 | 19.9% |
$35/hour across financial years
At 38 h/week Γ 52 weeks. Gross is constant; take-home differs due to bracket, LITO, Medicare and super rate changes.
| Financial year | Total tax | Take-home |
|---|---|---|
| FY 2020-21 (this page) | $13,247 | $55,913 |
| FY 2021-22 | $12,827 | $56,333 |
| FY 2022-23 | $14,327 | $54,833 |
| FY 2023-24 | $14,327 | $54,833 |
| FY 2024-25 | $12,919 | $56,241 |
| FY 2025-26 | $12,919 | $56,241 |
| FY 2026-27 | $12,651 | $56,509 |
Also see the FY 2020-21 calculator, or the current-year $35/hour page.
Closest annual salary
$35/hour at 38 h/week annualises to $69,160, roughly a $70,000 annual salary.
See the $70,000 salary page for FY 2020-21 βFrequently asked questions
What was $35 per hour annually in FY 2020-21?
$35 per hour annualises to $69,160 at 38 hours per week, or $72,800 at 40 hours per week, across 52 weeks. The same gross regardless of financial year.
What was $35 per hour after tax in FY 2020-21?
A $35 hourly rate in FY 2020-21 left about $55,913 per year take-home at 38 h/week, or $58,297 at 40 h/week β for an Australian resident with private hospital cover.
How much tax did $35/hour earners pay in FY 2020-21?
On a $35 hourly rate at 38 h/week, total tax for FY 2020-21 was about $13,247 ($11,864 income tax plus $1,383 Medicare levy).
What Super Guarantee rate applied to $35/hour in FY 2020-21?
The Super Guarantee rate in FY 2020-21 was 9.5%. An employer paid $6,570 in SG contributions per year on a $35/hour full-time (38 h/week) rate that financial year.
How does $35/hour in FY 2020-21 compare to 2025-26?
A $35/hour rate gives about $328 more take-home per year in FY2025-26 than it did in FY 2020-21, thanks to bracket and rate changes.
Nearby hourly rates (FY 2020-21)
Run a custom calculation for FY 2020-21
This page assumes 52 weeks of work per year and no salary sacrifice. To model casual loading, overtime, different weeks-per-year, or HELP repayment, open the full calculator prefilled with $35/hour and FY 2020-21.
Open calculator at $35/hour in FY 2020-21