| United Kingdom | Australia | Difference in Australia | |
|---|---|---|---|
| Gross Income | 30,000.00 GBP / 30,000.00 GBP | 60,299.88 AUD / 30,000.00 GBP | - 0.00 GBP |
| Tax Due | 4,879.28 GBP / 4,879.28 GBP | 14,938.10 AUD / 7,431.91 GBP | + 2,552.63 GBP |
| Net Income | 25,120.72 GBP / 25,120.72 GBP | 45,361.78 AUD / 22,568.09 GBP | - 2,552.63 GBP |
| Overall Tax Rate | 16.3 % | 24.8 % | + 8.50 %. |
Figures based upon 1 GBP = 1 GBP.
Figures based upon 1 AUD = 0.49751343 GBP.
In United Kingdom, an income of 30,000.00 GBP / 30,000.00 GBP is more than the lowest average advertised salary of 12,757.00 GBP / 12,757.00 GBP and less than the country's average income of 33,000.00 GBP / 33,000.00 GBP.
In Australia, an income of 60,299.88 AUD / 30,000.00 GBP is more than the lowest average advertised salary of 31,000.00 AUD / 15,422.92 GBP and less than the country's average income of 72,000.00 AUD / 35,820.97 GBP.
Here are how much some common purchases cost in United Kingdom vs Australia:
| United Kingdom | Australia | Difference in Australia | |
|---|---|---|---|
| Water Bottle (1.5L) | 0.95 GBP / 0.95 GBP | 1.79 AUD / 0.89 GBP | - 0.06 GBP |
| Milk Bottle (1L) | 0.90 GBP / 0.90 GBP | 1.46 AUD / 0.73 GBP | - 0.17 GBP |
| Pint of Beer | 3.50 GBP / 3.50 GBP | 8.00 AUD / 3.98 GBP | + 0.48 GBP |
| Bread (500g) | 0.98 GBP / 0.98 GBP | 2.52 AUD / 1.25 GBP | + 0.27 GBP |
| Chicken Breasts (1kg) | 5.67 GBP / 5.67 GBP | 10.24 AUD / 5.09 GBP | - 0.58 GBP |
| Petrol UK Gallon | 5.68 GBP / 5.68 GBP | 6.68 AUD / 3.32 GBP | - 2.36 GBP |
| Volkswagen Golf or Equivalent | 18,000.00 GBP / 18,000.00 GBP | 25,000.00 AUD / 12,437.84 GBP | - 5,562.16 GBP |
| Broadband Internet Monthly | 30.21 GBP / 30.21 GBP | 74.02 AUD / 36.83 GBP | + 6.62 GBP |
| Rent One Bedroom Apt. In City (Monthly) | 722.24 GBP / 722.24 GBP | 1,679.85 AUD / 835.75 GBP | + 113.51 GBP |
| Purchase One Bedroom Apt. In City | 139,346.55 GBP / 139,346.55 GBP | 264,251.05 AUD / 131,468.45 GBP | - 7,878.10 GBP |
Part of Europe, United Kingdom covers an area of 241,917 square kilometers.
United Kingdom has a Gross Domestic Product (PPP) of 2,787.74 ($ Billion) from a population of 65,511,098.
A progressive tax system with 3 bands with tax rates from 20% to 45%.
Personal tax-free allowance provided of 12,570 GBP.
Personal allowance is reduced by 1 GBP for every 2 GBP over 100,000 GBP.
Tax bands are as follow:
Below 37700 GBP - 20%
Between 37700 GBP and 125140 GBP - 40%.
Above 125140 GBP - 45%.
Mandatory social security contributions (National Insurance) Class A bands are as follow:
Below 12584 GBP - 0%
Between 12584 GBP and 50284 GBP - 8%.
Above 50284 GBP - 2%.
Source: https://www.gov.uk/government/organisations/hm-revenue-customs.
Source: XE.com (Currency Conversion).
Source: SalaryExplorer.com (Averages from average salaries in major job categories).
Source: Numbeo.com (Cost of living).
Part of Oceania, Australia covers an area of 7,700,519 square kilometers.
Australia has a Gross Domestic Product (PPP) of 1,188.76 ($ Billion) from a population of 24,641,662.
A progressive tax system spread over 5 bands - ranging from 0% to 45%.
2024 Tax bands are as follow:
Below 18200 AUD - 0%
Between 18200 AUD and 45000 AUD - 16%.
Between 45000 AUD and 135000 AUD - 30%.
Between 135000 AUD and 190000 AUD - 37%.
Above 190000 AUD - 45%.
There are no social security contributions. A Medicare (National Health Scheme) levy is calculated on taxable income of 2% on average.
The pension (compulsory superannuation) contribution rate for 2024-2025 will be 11.5% of the employee's salary. The payments are tax deductible.
Source: https://www.ato.gov.au.
Source: XE.com (Currency Conversion).
Source: SalaryExplorer.com (Averages from average salaries in major job categories).
Source: Numbeo.com (Cost of living).
This calculator allows you to calculate income taxes and social contributions equivalent for United Kingdom and Australia and allow comparison between both. You can choose the preferred currency for the input amounts and displayed calculation. For example: If you choose GBP as your preferred currency, then the income entered will be converted to United Kingdom's and Australia's native currencies for the calculation so that correct income equivalent is used. The results will then be shown in the native currencies and GBP.
We have trawled through the quagmire of tax legislation for 16 of the World's major economies and created a comparable position as close to the UK's PAYE (Pay As You Earn) system for employed people.
We look at each country's taxation for employed people, as well as things like medical care which are part of social contributions for some countries or require mandatory purchase of health insurance.
Combining this information lets us calculate taxes for each of the 16 countries and then do not only a taxation comparison but also a comparison of buying power based upon commonly purchased items.
It is quick and easy to use and you can get a detailed result at the click/tap of a button!
Compare tax using these examples:
We currently support the following countries - by clicking on the links below you can just do an individual tax calculation for those countries - or scroll up and compare tax between two countries directly!
Source: https://www.impots.gouv.fr/portail/international
Source: http://www.citizensinformation.ie/en/money_and_tax/tax/income_tax/how_your_tax_is_calculated.html
Source: http://www1.agenziaentrate.gov.it/english/revenue_agency/index_revenue.htm
Source: http://www.impotsdirects.public.lu/fr.html
Source: http://www.agenciatributaria.es/AEAT.internet/en_gb/Inicio.shtml
Source: https://www.estv.admin.ch/estv/en/home.html.
Source: https://www.gov.uk/government/organisations/hm-revenue-customs.
Source: http://www.bundesfinanzministerium.de/Web/EN/Issues/Taxation/taxation.html.
Source: https://www.irs.gov/tax-professionals/tax-code-regulations-and-official-guidance.
Source: http://www.cra-arc.gc.ca/tx/ndvdls/fq/txrts-eng.html
Source: https://www.ato.gov.au.
Source: http://www.ird.govt.nz/how-to/taxrates-codes/rates/itaxsalaryandwage-incometaxrates.html.
Source: https://www.nta.go.jp/foreign_language/.
Source: http://www.chinatax.gov.cn/2013/n2925/.
* calculations are currently based on the 2024 tax rules, rates and allowances for comparable single individuals in each country.