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Tax Calculator

Estimate income tax and effective rate by bracket.

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Last reviewed 2026-08-26

About the Tax Calculator

Estimates income tax owed by applying published progressive tax-bracket rates for a chosen regime, taxing each bracket's rate only to the slice of income that falls within that bracket.

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How to use it
  1. Choose a Regime — India, USA, UK, Canada, or Australia — defaulting to whichever matches your detected region.
  2. Enter your Annual taxable income.
  3. Read your estimated tax, effective rate, and take-home in the result panel and chart.
Formula
Tax = Σ (income within each bracket × that bracket's rate), applied progressively from the lowest bracket upward
Worked example

Under a progressive system, only the portion of income above a bracket's threshold is taxed at that bracket's higher rate — not your entire income, which is a common misconception about how progressive taxation works.

2026 tax brackets by jurisdiction
2026 tax brackets by jurisdiction
JurisdictionTaxable income bracketRate
USA (single filer)$0 – $12,40010%
USA (single filer)$12,400 – $50,40012%
USA (single filer)$50,400 – $105,70022%
USA (single filer)$105,700 – $201,77524%
USA (single filer)$201,775 – $256,22532%
USA (single filer)$256,225 – $640,60035%
USA (single filer)Over $640,60037%
India (New Regime)₹0 – ₹4,00,0000%
India (New Regime)₹4,00,000 – ₹8,00,0005%
India (New Regime)₹8,00,000 – ₹12,00,00010%
India (New Regime)₹12,00,000 – ₹16,00,00015%
India (New Regime)₹16,00,000 – ₹20,00,00020%
India (New Regime)₹20,00,000 – ₹24,00,00025%
India (New Regime)Over ₹24,00,00030%
UK£0 – £12,5700%
UK£12,570 – £50,27020%
UK£50,270 – £125,14040%
UKOver £125,14045%
Canada (federal)$0 – $58,52314%
Canada (federal)$58,523 – $117,04520.5%
Canada (federal)$117,045 – $181,44026%
Canada (federal)$181,440 – $258,48229%
Canada (federal)Over $258,48233%
Australia (resident)$0 – $18,2000%
Australia (resident)$18,200 – $45,00015%
Australia (resident)$45,000 – $135,00030%
Australia (resident)$135,000 – $190,00037%
Australia (resident)Over $190,00045%
Interpreting your result

Bracket rates are published tax-year figures for each of the five jurisdictions covered (India FY 2026-27 New Regime, USA 2026 single-filer federal, UK 2026/27, Canada 2026 federal-only, Australia 2026-27 resident individual), but this tool applies them to gross income only — it does not subtract India's Section 87A rebate or standard deduction, the UK's Personal Allowance taper above £100,000, US standard deduction/credits, Canada's provincial tax layer, Australia's Medicare levy, or any other regime-specific allowance/surcharge. Your actual liability will differ. Always confirm with your local tax authority.

Recommendations
  • Use this for rough planning only — file with your actual current-year brackets and rules when it's time to file for real.
  • Compare take-home pay across regimes if your jurisdiction offers a choice, like an old vs. new tax regime.
  • Effective rate, not your top bracket, is the number that best describes your real tax burden.
Frequently asked questions
The bracket rates match each jurisdiction's published tax-year figures (India FY 2026-27 New Regime, USA 2026 federal single-filer), but the estimate applies them to gross income without deductions, rebates, credits, or surcharge — so your actual bill will be lower than this tool shows in most real cases.
See the full methodology and sources for every finance calculator
Disclaimer

Illustrative estimate only, not financial or tax advice. Verify figures with a licensed adviser or your local tax authority.