Income Annualisation Calculator
Want a more accurate result?
One financial year, four numbers
What this calculator works out
Annualised income
Paid days
Unpaid days
How is annualised income worked out?
In the default example, $24,767 earned from 1 July to 21 October 2026 covers 113 paid days. That is $219.18 a day, and over the 365 days of the 2026-27 financial year it comes to $80,000, with 252 days still to come.
= year to date income / paid days x days in the financial year
Paid days run from 1 July to the pay period end date, counting both days. The 2026-27 financial year has 365 days. This gives the same $80,000 as the calculator above for its default figures.
First, it measures the pace of what you have earned so far, not what you will earn. Anything unusual in the year to date, such as a bonus or back pay, is scaled up with everything else.
Second, it counts from 1 July. If you started your job part way through the year, that is the wrong start date, and the result can be far too low.
How one bonus distorts the result
| Pay period end date | Paid days | Year to date income | Annualised income | Above $80,000 salary |
|---|---|---|---|---|
| 31 July | 31 | $8,795 | $103,548 | $23,548 |
| 30 September | 92 | $22,164 | $87,935 | $7,935 |
| 31 December | 184 | $42,329 | $83,967 | $3,967 |
| 31 March | 274 | $62,055 | $82,664 | $2,664 |
| 30 June | 365 | $82,000 | $82,000 | $2,000 |
Worked example: same pay, different start date
$80,000
$36,106
What the calculator does not show you
One-off payments get scaled up
A new job changes the start date
Early in the year, small amounts look big
Lenders decide what counts
Before you apply for a loan
1
Gather the right payslip
2
Take out the one-offs
3
Compare lenders’ treatment
Related tools and sources
If you are ready to see how a lender might treat your income, see buying a home or home loans in Adelaide.
Australian Taxation Office: Access your income statement, for where to find your year to date income in ATO online services through myGov, and for the ‘Tax ready’ status that shows your employer has finalised the figures.
About the figures. Every figure on this page was calculated by dividing year to date income by paid days and multiplying by the days in the financial year, with paid days counted from 1 July to the pay period end date inclusive. The same method gives the calculator’s default result: $24,767 over 113 paid days is $80,000 a year. The salary and bonus amounts are illustrative. Last updated 21 October 2026.
General information only. Nothing on this page takes your objectives, financial situation or needs into account. Each lender sets its own rules on which income it counts and how, so an annualised figure is an estimate and not an assessment. Loanity is a credit representative and can provide credit assistance once we understand your situation.
Income annualisation questions, answered
What is income annualisation?
It is turning income earned so far into a full year figure. You take your year to date income, divide by the time it covers and multiply up to a year. Borrowers use it to see roughly what a lender will see when a payslip shows only part of the year.
How do I annualise my income from a payslip?
Take the year to date gross income and the pay period end date from the payslip. Count the days from 1 July to that date, divide the income by those days and multiply by 365. $24,767 over 113 days gives $80,000. The calculator above does it for you.
Should I use gross or net income?
Gross, which is your income before tax. The year to date gross figure is on your payslip, and it is the figure the calculator is built for.
Which date do I use, the pay date or the period end date?
The pay period end date printed on the payslip. The pay date is only when the money reached your account. The two can fall in different months, and early in July they can fall in different financial years.
Why is my annualised income different from my salary?
Because the calculation spreads what you have received over the days that have passed. A bonus, back pay, overtime, unpaid leave or a pay rise during the year all move the result away from your base salary. A $2,000 bonus in the first pay lifts the annualised figure by $23,548 when only 31 days of the year have passed.
What if I started a new job this year?
Count from your start date, not from 1 July. Someone on $80,000 who started on 1 September has earned $11,178 by 21 October. Spread over 113 days since 1 July that annualises to $36,106, but over the 51 days actually worked it is $80,000.
Do bonuses, overtime and allowances count?
That is up to each lender. Lenders can treat base pay differently from overtime, bonuses and allowances, and some count only part of them or need a longer history. Take the one-offs out of the year to date figure to see your base income, then ask what each lender will include.
How do lenders assess my income?
Each lender has its own policy, so there is no single rule. Lenders usually start from your recent payslips, your year to date figure and your tax documents, and then decide which parts of your pay to count. We check your numbers against the lenders you are considering before you apply.
Where do I find my year to date income?
On your latest payslip, and in your income statement in ATO online services through myGov, which shows your year to date salary and updates as your employer reports each pay. After the year ends your employer has until 14 July to finalise it, and the status changes to ‘Tax ready’.
Can I use annualised income to work out how much I can borrow?
It is a useful input, not an answer. A lender also looks at your expenses, debts, deposit and credit history. For a first estimate, put your annualised income into our borrowing power calculator, then talk to us about how lenders would treat your pay.