Enter the pay record
| Scenario | Annual estimate | Treatment |
|---|---|---|
| Recurring pay only | $91,500 | Remove entered one-offs before annualising. |
| Recurring pay plus one-offs once | $91,500 | Add the known one-off amounts once after annualising recurring pay. |
| All-pay extrapolation | $91,500 | Annualise the complete YTD total, including one-offs. This can overstate recurring pay. |
Source YTD: $23,000.00. Entered one-offs: $0.00. Recurring YTD: $23,000.00.
Annualise Year-to-Date Income
Leave blank for the financial-year start. An earlier employment start is limited to this financial year.
This YTD calculator divides recurring pay by observed calendar days and multiplies it by the financial year’s 365 or 366 days. Both boundary dates count, including weekends and public holidays.
The default record covers 1 July to 30 September 2023: 92 days within a 366-day financial year. With $23,000 gross YTD pay and no one-offs, the annual estimate is $91,500.
That equals $7,625 monthly, $3,519 fortnightly or $1,760 weekly. These equivalents divide the annual figure by 12, 26 or 52. They are comparison amounts, not predictions of individual payslips.
Elapsed weekly and fortnightly periods divide observed days by seven or 14. Monthly periods use observed days divided by financial-year days, multiplied by 12. These are estimates of elapsed periods. Supply the actual pay count separately when you have it.
The Department of Social Services’ income-year definition describes the usual year ending 30 June. This tool uses the standard 1 July start and calendar-day annualisation, rather than a payroll or lender-specific formula.
Separate One-Off Payments
Record bonuses and arrears separately from reimbursements. Enter only their portion already included in the source YTD amount. The calculator preserves that source total and subtracts the combined one-offs to find recurring YTD pay.
If the default $23,000 includes a $5,000 bonus, recurring YTD pay is $18,000. The recurring annual estimate becomes $71,609. Adding the bonus once gives $76,609, while extrapolating the complete YTD figure gives $91,500.
Reimbursements repay expenses and can distort an earnings comparison. The scenario that adds one-offs once includes entered reimbursements, so treat it as a receipts comparison where those amounts are present.
Gross inputs produce gross estimates. Net inputs produce net estimates. Selecting net does not calculate tax or convert a gross bonus into its net amount.
Check the Period and Pay Records
For employment beginning partway through the year, use its actual start date. A $3,100 record covering 1 to 31 January 2024 has 31 observed days and implies $36,600 annually.
Use a YTD amount that covers the same employer and period as your dates. Missing pays, unpaid leave or a recent pay rise can make the observed period unrepresentative. Seasonal earnings need a full-year record before you infer a lasting income level.
The annualised figure is an estimate at the observed pace. It does not establish actual future earnings, tax payable or the income a lender accepts. A short period can magnify a one-off change.
Download the CSV to retain the source figures, day-count convention and each scenario. Keep it beside the payslips used. For the assessment context, read how income evidence affects child support.
Your entries remain in this tab and clear on reload. The calculator has no payroll or bank connection.