Conversion Formula:
From: | To: |
This calculator converts UK hourly wages to Australian dollars after accounting for UK income tax and national insurance contributions. It helps compare take-home pay between the two countries.
The calculator uses the following formula:
Where:
Explanation: The calculation first determines your net UK hourly wage, then converts it to Australian dollars using the exchange rate.
Details: Accurate salary conversion is essential for financial planning when relocating between countries, comparing job offers, or understanding purchasing power differences.
Tips: Enter all values in GBP/hour except the exchange rate. Use current tax/NI rates for your income bracket. The default exchange rate is 1.92 (AUD/GBP) but should be updated to reflect current rates.
Q1: How accurate is this conversion?
A: The accuracy depends on your precise tax/NI rates and current exchange rate. This provides an estimate only.
Q2: Should I use gross or net salary for comparison?
A: Net salary (after tax) gives the most meaningful comparison of take-home pay between countries.
Q3: Where can I find current exchange rates?
A: Check financial websites like XE.com or your bank for current GBP/AUD rates.
Q4: Does this account for Australian taxes?
A: No, this shows your equivalent UK net salary in AUD. Australian taxes would apply to this amount.
Q5: How often should I update the exchange rate?
A: Exchange rates fluctuate daily. For precise calculations, use the current rate on the day of comparison.