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Most helpful response

Most helpful reply

JacobATO(Community Support)Community Support
11 Sept 2023

Hey @Sagar.rocks99


Are you wanting to know how much you would receive per week before and after tax?

Well using Fair Work's calculation for Converting annual salaries to hourly rates, dividing the annual amount by 52 gives us the weekly rate, so 70,000/52= 1,346.15 (rounded too two decimal places). This would be your weekly gross amount, plug that into our tax withheld calculator using your circumstances and it will give you the net amount (amount you will be paid) and the amount of tax withheld.

All replies

Most helpful reply

JacobATO(Community Support)Community Support
11 Sept 2023

Hey @Sagar.rocks99


Are you wanting to know how much you would receive per week before and after tax?

Well using Fair Work's calculation for Converting annual salaries to hourly rates, dividing the annual amount by 52 gives us the weekly rate, so 70,000/52= 1,346.15 (rounded too two decimal places). This would be your weekly gross amount, plug that into our tax withheld calculator using your circumstances and it will give you the net amount (amount you will be paid) and the amount of tax withheld.

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70k salary weekly income before and after tax | ATO Community