Skip to main content

Final Pay Calculator Australia 2026-27

Final pay adds outstanding wages, unused annual leave, notice in lieu, long service leave and any redundancy pay, taxed at your marginal rate in 2026-27.

Official ATO ratesUpdated FY2026-27Free foreverNo signup required

Calculate Your Final Pay

$

NES minimum: 3 weeks for 3 years service

Estimated Net Final Pay
$8,015
After estimated tax of $2,023

Breakdown

Outstanding Wages (1 week)$1,538
Annual Leave Payout (15 days)$4,615
Leave Loading (17.5%)$808
Notice Period Pay (2 weeks)$3,077
Total Before Tax$10,038
Estimated Tax (~20.2%)-$2,023
Net Final Pay$8,015

Disclaimer:

This calculator provides estimates based on Fair Work NES minimums. Your award, enterprise agreement, or contract may provide higher entitlements. Tax estimates use your annual salary to approximate the effective rate. For precise calculations, consult your employer's payroll team or a registered tax agent.

Based on Fair Work NES entitlements and ATO tax tables for FY2026-27

What to check next

People reading this page usually work these out too.

A man packs a plant, a mug and a photo frame into a cardboard box at his office desk

Termination pay (final pay) in Australia is the sum of outstanding wages, unused annual leave, any notice paid in lieu, long service leave and, if the role is made redundant, redundancy pay. Unused annual leave is paid at (annual salary ÷ 260) × leave days, plus 17.5% leave loading where the award requires it, taxed at the marginal rate in 2026-27.

How Is Final Pay Calculated in Australia?

Your final pay when leaving a job comprises 5 separate components, each calculated independently. Most awards require your employer to pay all outstanding entitlements within 7 days after your last day; where your award or agreement is silent, the Fair Work Act's general pay rules apply.

  1. Outstanding wages. Any hours worked but not yet paid, including the final pay period up to your last day.
  2. Unused annual leave. Calculated as (annual salary / 260) x unused leave days. Most awards require 17.5% leave loading on the payout.
  3. Notice period pay. If your employer asks you to leave immediately, they must pay you for the NES notice period (1-4 weeks depending on service). An additional week applies if you are over 45 with 2+ years service.
  4. Long service leave. Available after 7+ years of continuous service in most states. Calculated at 8.67 weeks per 10 years of service on a pro-rata basis.
  5. Redundancy pay. Only applies if your position is made redundant. NES entitlement ranges from 4-16 weeks based on years of service. Use the Redundancy Pay Calculator for a detailed breakdown.

How Is Unused Annual Leave Taxed?

Unused annual leave paid on termination is taxed at your marginal rate for leave accrued after 17 August 1993. Leave accrued before that date is taxed at a maximum rate of 32% (including Medicare). The 17.5% leave loading is also taxable.

For most employees, the leave payout is added to your assessable income for the financial year in which you receive it. If the lump sum pushes you into a higher tax bracket, you may be able to request the ATO to assess it separately. Use the Income Tax Calculator to estimate the bracket impact.

What Are the NES Notice Period Requirements?

The National Employment Standards set minimum notice periods based on length of service.

Period of ServiceNotice Period
Up to 1 year1 week
1 to 3 years2 weeks
3 to 5 years3 weeks
5+ years4 weeks

Employees over 45 with 2+ years of service receive an additional week of notice.

How this calculator works▼
  1. Leave payout = (annual salary / 260) x unused leave days x 1.175 (with 17.5% loading).
  2. Notice period = weekly rate x notice weeks.
  3. Long service leave = (years / 10) x 8.67 weeks x weekly rate (7+ years only).
  4. Redundancy uses NES entitlement table (4-16 weeks).
  5. Tax estimated at the effective rate derived from annual salary using ATO progressive brackets.

Entitlements from Fair Work Ombudsman, last verified 9 October 2026.

Frequently Asked Questions

Most awards require final pay within 7 days after your last day of employment. Check your award or enterprise agreement; if it has no rule, the Fair Work Act requires pay at least monthly, and payment in lieu of notice has its own timing rules. Final pay includes outstanding wages, accrued leave, and any notice period pay.

Yes, if you would have received annual leave loading (typically 17.5%) when taking leave during employment, it must be paid on your unused annual leave balance when employment ends — the Fair Work Ombudsman says this applies even where the award, agreement or contract says it is not payable on termination.

Long service leave entitlements vary by state. In most states, you become eligible after 7-10 years of continuous service with the same employer. Some states provide a pro-rata entitlement if you are terminated after 5-7 years. Use the Leave Calculator to estimate your balance.

Outstanding wages and notice pay are taxed at your normal marginal rate. Unused annual leave accrued after 17 August 1993 is taxed at your marginal rate; leave accrued before 18 August 1993, or paid because of a genuine redundancy, is taxed at a maximum of 32%. Long service leave has concessional treatment for pre-1978 accrual. Genuine redundancy pay receives a tax-free component.

Employers must pay the 12% SG on ordinary time earnings up to your last day, and on any payment in lieu of notice — the ATO treats it as ordinary time earnings for every termination reason. Super is not payable on unused leave payouts (including leave loading) or genuine redundancy payments. Use the Superannuation Calculator to verify.

Contact the Fair Work Ombudsman on 13 13 94 or lodge a complaint online at fairwork.gov.au. The FWO can investigate, mediate, and take legal action against employers who fail to pay final entitlements. You have 6 years from the date of underpayment to make a claim.

Related Calculators

Redundancy Pay Calculator

Calculate NES redundancy entitlement and tax-free components

Leave Calculator

Estimate your annual leave and long service leave balance

Income Tax Calculator

See how your final pay affects your total tax liability

Award Rates

Check minimum entitlements under your specific award

Starting a New Job?

Calculate your take-home pay at your new employer with our full pay calculator.

Calculate Your Take-Home Pay →

Sources & References

  1. 1
    Final pay when employment ends— Fair Work Ombudsman
  2. 2
    Leave entitlements on termination— Fair Work Ombudsman
  3. 3
    Tax on unused leave payments— Australian Taxation Office

Last verified: 9 October 2026. Our content is based on the latest information from official Australian government sources.

What to check next

People reading this page usually work these out too.