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Kasana Finance

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
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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
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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?

Send through your figures and we will run them against our panel of 45 lenders for a real answer.

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