Corrections
Every correction, on the record
If one of our calculators disagrees with the official source, the official source is right and we have a defect. When we fix one, it is logged here with the date and what changed.
| Date | Page | What changed |
|---|---|---|
| 2026-10-22 | Employment examples and inclusive super packages | Aligned full-year 2026-27 salary, hourly and regular-pay annual examples with the legislated standard work deduction, with no additional deductions. The $85,000 salary example now gives $67,600 annual take-home under its stated assumptions. Corrected inclusive packages above the statutory super contribution base so cash salary plus employer super equals the package. Taxable-income tools do not apply the work deduction again. |
| 2026-10-22 | What changed on 1 July 2026 | The guide implied the super guarantee first reached 12% in July 2026. The ATO rate table shows that rate began on 1 July 2025 and continues in 2026-27. Corrected the heading, explanation and description; the calculator rate remains unchanged. |
| 2026-09-09 | Salary sacrifice calculator | The net benefit ignored the concessional contributions cap and Division 293, so a sacrifice past the cap was overstated. On a $250,000 salary sacrificing $40,000 we showed $13,400 of benefit; the correct figure is $837.50, because $37,500 of that sacrifice is excess and is taxed at the marginal rate anyway. The page now models both rules and shows them as separate lines. |
| 2026-09-09 | Salary sacrifice calculator | The caps table said excess concessional contributions are taxed at your marginal rate "with an interest charge". The excess concessional contributions charge was removed for 2021-22 and later years. Corrected to the current treatment: added to assessable income, taxed at the marginal rate, less a 15% offset, with no interest charge. |
Reporting an error
Email hello@payko.com.au with the inputs you used, the figure we showed, and the figure you expected. We would rather hear it.