Calculate your Cost Of Living Bonus

Under the Albanese government’s tax-cut plan, all workers who currently pay tax will be better off – this cost-of-living bonus will help those who need it most.

Use our calculator to work out how much your cost-of-living bonus will be. All you need to know is how much you earn per year.

Calculate your Cost Of Living Bonus

Step 1 of 2

Name(Required)

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Your Annual Income(Required)

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0 - 18200

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18,201 - 45,000

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Current Tax Band 2

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New Tax Band 2

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Morrison Tax Band 2

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45,001 - 120,000

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Current Tax Band 3

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New Tax Band 3

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Morrison Tax Band 3

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120,001 - 135,000

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Current Tax Band 4

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New Tax Band 4

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Morrison Tax Band 4

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135,000 - 180,000

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Current Tax Band 5

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New Tax Band 5

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Morrison Tax Band 5

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180,000 - 190,000

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Current Tax Band 6

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New Tax Band 6

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Morrison Tax Band 6

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190,000 - 200,000

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Current Tax Band 7

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New Tax Band 7

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Morrison Tax Band 7

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200,000+

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Current Tax Band 8

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New Tax Band 8

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Morrison Tax Band 8

Your cost of living bonus

Extra money in your pocket each week