Key Sections of an Australian Payslip
- 1
Gross earnings
The total amount you earned before any deductions. For salaried employees: your annual salary divided by the number of pay periods (weekly, fortnightly or monthly). For hourly employees: hours worked × hourly rate. May include separate lines for ordinary hours, overtime, allowances, bonuses, and leave loading.
- 2
PAYG tax withheld
Pay As You Go withholding — the income tax your employer deducts on behalf of the ATO each pay period. The amount depends on your earnings, your tax file number (TFN), and any tax offset claims you made on your Tax File Number Declaration form. This is not the final amount of tax you owe — your actual tax liability is calculated at year end when you lodge your tax return.
- 3
Superannuation
Your employer is required to contribute 11.5% of your ordinary time earnings to your super fund (rising to 12% by July 2025). This appears on your payslip but is paid directly to your super fund — it is not deducted from your take-home pay. Confirm the super is actually being paid by checking your super fund balance periodically.
- 4
Other deductions
May include: salary sacrifice amounts (pre-tax contributions to super or novated lease payments), union dues, income protection insurance premiums, health insurance, or employee share scheme contributions. All deductions are listed separately with their amounts.
- 5
Net pay (take-home pay)
Gross earnings minus PAYG tax minus any other deductions. This is the amount deposited into your bank account.
- 6
YTD (Year to Date) figures
Cumulative totals from the start of the financial year (1 July in Australia) to the current pay period. Your YTD gross and YTD tax figures are what you use when lodging your tax return, and should match your Payment Summary or Income Statement in myGov.