Not claiming tax free threshold

[#1]

Hi, could someone in the know tell how much i would lose per pay (weekly or fortnightly) if I dont claim the taxfree threshold?  I should earn around the 105k for the year.

Thanks

[#2 · Accepted solution]

@GD1 

Claim Tax-Free threshold:

Gross = $105,000

Tax = $26,247

Don't Claim Tax-Free Threshold:

Gross = $105,000

Tax = $29,805

Difference = $3,558 / 26 = $136.85 per fortnight.

[#3]

Hi @GD1,

There are some cool tax calculators here that can help you do it yourself, as well.