Income annualisation calculator
Convert weekly income into an annual figure for up to 52 paid weeks.
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Turn a weekly figure into a yearly planning amount
Weekly pay can be useful for household budgeting, but annual figures are often needed when comparing a role, setting a savings target or completing an application. This estimate multiplies the weekly amount by the number of weeks you expect to be paid, rather than assuming every year contains 52 paid weeks.
Choosing paid weeks deliberately matters for contractors, seasonal workers and anyone expecting unpaid leave. The result is a pre-tax planning figure, so it is not the same as take-home pay or a payroll calculation. Use it as a starting point, then check your payslips, contract and expected work pattern.
How to read the results
Annualised income is the weekly income multiplied by entered paid weeks. The period beneath it repeats the paid-week assumption so you can see whether the total represents a full year of work or a shorter earning period.
Weekly income confirms the starting input, while Monthly equivalent divides the annualised amount by 12 for a simple monthly budget comparison. It does not convert a weekly pay cycle into actual monthly payroll payments, and no tax, superannuation or deductions are removed.
Worked example
With the default weekly income of $1,800 and 48 paid weeks, the estimate is annualised income of $86,400. That is $1,800 multiplied by 48, not by 52.
The accompanying monthly equivalent is $7,200. It can help frame an annual figure in a monthly plan, although the actual timing of income may be uneven across the year.
Assumptions and limitations
- The weekly amount is treated as pre-tax income.
- The entered number of paid weeks is between one and 52.
- Each paid week is assumed to produce the same income.
- Overtime, commissions, bonuses and allowances are excluded unless included in the weekly input.
- Unpaid leave and gaps between contracts are reflected only if paid weeks are reduced.
Frequently asked questions
Should I enter 52 paid weeks?
Enter 52 only if you reasonably expect income for all 52 weeks; otherwise use the weeks you expect to be paid.
Does annualised income include super?
No. The calculator only multiplies the amount entered as weekly income and does not separately calculate superannuation.
Is the monthly equivalent my monthly pay?
No. It is the annualised total divided by 12 and may differ from the timing and amount of actual pay deposits.
This calculator and supporting information provide general estimates only. They do not take account of every product rule, tax consequence or personal circumstance and are not financial, tax, credit or legal advice.