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Income, Tax and Work

Leave Payout Tax Calculator

Estimate the extra Australian income tax payable on a lump sum payout of unused annual or long service leave when you leave a job.

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Your results

Extra tax from leave payout$2,560
Payout kept after tax$5,440

Calculation breakdown

Extra tax
Extra tax = tax on (salary + leave payout) − tax on salary alone

Worked example

On an $80,000 salary, an $8,000 unused leave payout adds roughly $3,000 of tax, leaving around $5,000 in the employee's pocket after tax.

Assumptions

  • Models leave paid out on ordinary resignation, taxed at marginal rates.
  • Genuine redundancy leave payouts can attract concessional treatment not modelled here.

How this calculator works

This calculator adds your unused leave payout to your annual salary and compares tax payable with and without the leave payout, showing the extra tax the payout attracts at your marginal rate. It uses resident tax brackets and the Medicare levy for the comparison.

Rates sourced from the Australian Taxation Office for the 2026–27 financial year. Last reviewed 01/07/2026.

Frequently asked questions

Is leave payout taxed at a special rate?

In some cases unused leave on genuine redundancy is taxed concessionally; this calculator models the general case taxed at marginal rates.

Should I include leave loading?

Yes, include any leave loading in your leave payout amount if it applies under your award or agreement.

Does this include long service leave?

Yes, enter the total lump sum for any unused annual leave and long service leave combined.

Rates and thresholds are configured for the 2026–27 Australian financial year and should be reviewed when government settings change.

Actual entitlements can depend on your award, enterprise agreement, contract, employment status and individual circumstances.

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