Updated for 2026-27

Contractor vs Employee Calculator Australia

See what an ABN day rate is really worth next to a PAYG salary for 2026-27, once self-funded super and unpaid leave are priced in, plus the legal test for who actually counts as a contractor.

Free2026-27 ATO ratesLike-for-like adjustmentLegal status test

Contractor vs Employee Calculator 2026-27

Your contract offer
The PAYG offer you are weighing it against

Disclaimer: This calculator provides general estimates, not personal tax or financial advice. Figures use published ATO rates for 2026-27 and may not match your exact situation, offsets or deductions. Do not act on these results alone. For official guidance, visit the ATO, or speak to a registered tax agent.

A $100,000 contract at 200 billable days a year is worth $55,480 like for like, once you self-fund 12% super and 4 weeks of annual leave. A $100,000 salary is worth $89,480, a gap of $34,000 (38%). Same headline number, different money.
The method

How does the like-for-like comparison work?

Two costs are subtracted as hard dollars. Everything else is priced through your own billable days.

The calculator starts with gross contract income: your rate multiplied by the billable days or hours you actually expect to invoice, not the days in the calendar. That gross goes through the same 2026-27 resident tax scale as every other page here, income tax less the low income tax offset, plus the 2% Medicare levy, to give net cash in hand. Up to this point, the number is identical to what the contractor pay calculator would show you.

From that net cash, two costs come off as hard, dated figures. The first is 12% self-funded super, the amount an employer pays on top of a salary that a contractor has to set aside from their own invoice to have the same retirement outcome. The second is the cash value of 4 weeks of annual leave, the National Employment Standards entitlement (Fair Work Act 2009 ss86-87) that an employee is paid for and a contractor simply is not, valued at your own day rate. What is left is the like-for-like value, the headline figure on this page.

Personal leave, public holidays and the downtime between contracts are real costs too, and this page shows what they are worth at your rate, but they are not subtracted from the headline. They vary by state, by industry and by how quiet your pipeline runs in a way super and annual leave do not, so folding a fixed national figure into the total would manufacture false precision. Instead, they live in the one input that actually reflects your situation: billable days. Fewer billable days already means less gross income, which is the honest way those costs show up.

The editorial point of this page

Why isn’t a $100,000 contract worth the same as a $100,000 salary?

Because the same headline number carries a different set of obligations on each side of it.

Run $100,000 through both columns and the tax is identical, because a contractor’s profit and an employee’s salary are taxed on the same 2026-27 resident scale. The employer side of a $100,000 salary adds 12% super on top, worth $12,000, and pays the employee in full through 4 weeks of annual leave, 10 days of personal leave and every public holiday. A $100,000 contract at 200 billable days funds none of that automatically. It is one number that has to cover your take-home pay, your own super, and every day you do not bill.

That is the whole reason this calculator exists. A day rate and a salary answer different questions: one is what a client will pay for a day of your time, the other is a package an employer assembles including retirement savings and paid time off. Comparing the two raw numbers side by side, as many rate calculators do, answers neither question. Source: ATO, Working as an independent contractor (QC43442), updated 5 June 2026, on the entitlements a contractor does not receive.

The input that matters most

Why does the number of billable days matter more than the rate?

Because it swings the like-for-like value further than almost any rate negotiation will.

At a fixed $500 day rate, the table below moves only one thing: how many days a year you actually bill. Nothing about your skill, your rate or your negotiating position changes. The like-for-like value still falls by $22,400 from the top row to the bottom.

Billable days a yearGross contract incomeNet cash in handLike-for-like valueGap vs a $100,000 salary
220$110,000$84,280$61,080$28,400
200$100,000$77,480$55,480$34,000
180$90,000$70,680$49,880$39,600
160$80,000$63,880$44,280$45,200
140$70,000$57,080$38,680$50,800

Day rate fixed at $500 in every row, 2026-27 resident scale, no HECS-HELP. Each row self-funds 12% super and 4 weeks of annual leave at that row’s own gross. A 260-weekday working year (52 weeks × 5 days) is the arithmetic reference; the gap between that and your billable days is annual leave, public holidays, personal leave and downtime combined.

The reverse question

What day rate actually matches a salary?

More than the raw uplift suggests, once you also fund your own super and your own leave.

A common shortcut is to add a flat percentage to a salary and call it a day rate. It understates the gap, because it usually prices super alone and ignores that a contractor is paid for fewer days a year than an employee. Solving properly, at 200 billable days a year, a $100,000 salary (worth $89,480 with super) needs about $180,900 of contract income, roughly $904.50 a day, to genuinely match it.

Employee salaryEmployee total valueContract income to matchDay rate at 200 billable daysUplift on the salary
$60,000$57,580$104,600$52374.3%
$80,000$73,480$139,900$699.5074.9%
$100,000$89,480$180,900$904.5080.9%
$120,000$105,480$230,200$1,15191.8%
$150,000$128,430$304,200$1,521102.8%

Contract income solved in $100 steps on the 2026-27 resident scale until the like-for-like value (net cash, minus 12% self-funded super, minus 4 weeks of self-funded annual leave) reaches the employee’s total value. Personal leave, public holidays and downtime are not priced into this table; a genuinely equivalent rate needs to run higher again to cover them, which is what the calculator above lets you test against your own billable days.

The full trade

What does an employee get that a contract rate has to fund itself?

Six items, and the rate almost never mentions any of them.

ItemEmployeeContractor
Superannuation12% paid by the employer, on top of salarySelf-funded from the rate, unless the labour-only SG rule applies
Paid annual leave4 weeks a year, NES minimumNone
Public holidaysPaid, whether worked or notUnpaid if the day is not billed; the count varies by state
Paid personal and carer’s leave10 days a year, NES minimumNone
Downtime between engagementsPaid; the employer carries the bench costUnpaid; the contractor carries the bench cost
GST, BAS and PAYG instalmentsHandled by the employer’s payrollSelf-managed, generally quarterly, an administrative cost in time or fees

Sources: ATO, Working as an independent contractor (QC43442), updated 5 June 2026; Fair Work Act 2009 ss86-87 (annual leave); ATO, Super for independent contractors (QC33854), updated 29 April 2026. Public holiday dates are declared by each state and territory, so this page does not assume one national count.

A separate test

Could I be owed super even while genuinely contracting?

Yes, if you are paid mainly for your labour and cannot delegate the work.

Superannuation guarantee runs on its own test, independent of the employment status question above. If a contract is mainly for your labour by dollar value, pays you for your personal service rather than a specified result, and does not let you delegate the work to someone else, the hirer owes 12% of the labour component to a super fund, on top of your invoice, and it does not matter that you hold an ABN.

This changes the arithmetic on this page if it applies to you. The calculator above assumes you self-fund the full 12%, because that is the honest default for a genuine contractor. If you meet the labour-only test, some or all of that self-funded super line is not yours to carry, it is money you are separately owed. The three-limb test, with the ATO’s own worked examples, is set out in full on the contractor pay calculator. Confirm your own status against it before assuming the full gap on this page is real.

The risk nobody quotes a number for

What is sham contracting, and why does it matter here?

Calling an employment relationship a contract does not make the obligations disappear. It defers them.

Sham contracting is engaging someone as a contractor when the facts, full-time hours, a set location, tools provided, ongoing day-to-day control, no real right to delegate, describe an employee. The label in the paperwork does not settle it, and cannot, once the substance points the other way. Where a sham is found, the consequences reach backwards rather than starting from the date it is discovered.

For the hirer, that can mean liability for PAYG withholding that was never withheld, and superannuation guarantee for the whole misclassified period, with interest and an administrative penalty on top. For the worker, it can mean years of tax returns to sort out, income that was never taxed the way it should have been, and a scramble to work out what was actually owed. Exact penalty amounts are set case by case and are genuinely not something a calculator should state as a figure. If any of the facts above sound like your situation, that is a conversation for the ATO, Fair Work, or an employment lawyer, not a number this page can give you.

Where structuring gets complicated

Does personal services income change this comparison?

It can, but it is a separate question from the one this page answers.

If more than half the value of your contract is for your own skills, labour or expertise, that income is personal services income. Whether you pass the personal services business tests then decides if you can claim full business deductions or split the income through a company or trust to a lower-taxed associate. Getting this wrong is the single most common reason a “contract through a company and save tax” plan fails.

This calculator assumes a straightforward sole trader with no PSI structuring, the same assumption the contractor pay calculator uses, where the PSI rules, the results test and the other personal services business tests are covered in depth. If your income might be PSI and you are considering a company or trust, that decision belongs with a registered tax agent, not a calculator.

Personas

Who is this calculator built for?

Four moments where the same headline number needs a second look.

The employee handed a contract offer

A recruiter quotes a day rate that looks like a big pay rise. The like-for-like value strips out the self-funded super and leave hiding inside that number, so the comparison to the current salary is actually fair.

The contractor unsure their rate covers them

Billing steadily but never quite getting ahead. Running the real billable days through the calculator, instead of the 200-day default, usually explains why.

The worker wondering if they are really an employee

Full-time hours, one client, tools supplied, told when and where to work, but paid on an ABN. The legal-status section and the ATO’s own decision tool are the next step, not this calculator.

The labour-only contractor checking their super

Paid mainly for personal labour with no right to delegate. The super-status section explains why an ABN alone does not end the hirer’s superannuation guarantee obligation.

Watch for these

What are the common mistakes in this comparison?

Five errors account for most of the bad conclusions.

Comparing the two headline numbers directly

A $100,000 contract and a $100,000 salary are not the same money. One still has to fund its own super and leave; the other already has both.

Using an optimistic billable-days figure

Assuming 52 billable weeks, or even 48, ignores downtime between contracts that almost every contractor experiences. The gap widens fast as billable days fall, faster than the rate ever moves.

Assuming an ABN settles the employment question

An ABN is a tax registration. It has no bearing on whether the relationship is genuinely a contract or an employment relationship in substance, or on whether superannuation guarantee is owed.

Treating GST as part of the rate

GST collected on an invoice is remitted to the ATO, not kept. It is excluded from every gross figure on this page, and should be excluded from your own budgeting too.

Treating sham contracting as a clever shortcut

Labelling an employment relationship a contract does not remove the obligations, it defers them, with interest and penalties attached when the substance is later examined.

Questions

Contractor vs Employee FAQ

Common questions about the like-for-like gap and who counts as a contractor.

No. A $100,000 contract at 200 billable days a year leaves $77,480 after income tax and the Medicare levy for 2026-27. Once you set aside $12,000 for your own super and $10,000 for the 4 weeks of annual leave you will not be paid for, it is really worth $55,480. A $100,000 salary is worth $89,480 once employer super is added, a $34,000 gap, or 38% of the employee's total value.
No. The ATO is explicit that if you are paid mainly for your labour, are paid for your personal service rather than a specified result, and cannot delegate the work, you are an employee for superannuation guarantee purposes, regardless of whether you hold an ABN or have signed a contractor agreement. All three limbs have to be met. Where they are, the hirer owes 12% of the labour component to a super fund, on top of your invoice, not out of it. Source: ATO, Super for independent contractors (QC33854), updated 29 April 2026.
No, though it carries real weight. Since the High Court’s decisions in Personnel Contracting and Jamsek (both decided 3 March 2022), the written contract is the primary evidence of the relationship, considered holistically, not a checklist of factors. But the contract has to be genuine. Where the facts point to employment, full-time hours, a set location, tools provided, ongoing control, no real right to delegate, a document labelled "independent contractor agreement" will not change the legal answer. Source: ATO, TR 2023/4, published 11 December 2024.
The default is 200 days a year, 40 billable weeks, the same conservative assumption the contractor pay calculator uses. It leaves about 12 weeks (60 days) unbilled for annual leave, public holidays, personal leave, downtime between contracts and the marketing and admin time every sole trader carries. It is a starting point, not your number. Replace it with your own realistic figure, because it moves the like-for-like value further than the rate does.
A lot, faster than most rate negotiations. At a $500 day rate, moving from 220 billable days a year to 140 cuts the like-for-like value from $61,080 to $38,680. The rate never changed. Only the number of days you actually invoiced did.
Sham contracting is calling an employment relationship a contract to avoid the obligations of employing someone, most often superannuation guarantee and PAYG withholding. If the facts point to employment despite the paperwork, the ATO and the courts can disregard the label. The consequences reach backwards: the hirer can face unpaid PAYG withholding, unpaid superannuation guarantee with interest and an administrative penalty, and the worker can be left sorting out years of tax returns. Exact penalty amounts vary case by case and are not something a calculator should quote. Use the ATO’s own employee/contractor guidance to test a specific arrangement, not the label on the contract or the presence of an ABN.
No. If more than half the value of your contract is for your own skills, labour or expertise, it is personal services income, and whether you pass the personal services business tests decides if you can claim full business deductions or split the income through a company or trust. That question sits alongside this comparison, not inside it, and it is covered with the ATO’s own tests on the contractor pay calculator.
No, deliberately. If you are registered for GST, the 10% you charge sits on top of your fee, is collected on the ATO’s behalf and is remitted on your business activity statement. It never belongs to you, so it is excluded from the gross contract income used throughout this page, the same convention the contractor pay calculator uses.
Sources

Sources

The documents behind every non-computed figure on this page.

  • High Court of Australia, Personnel Contracting Pty Ltd v McCourt [2022] HCA 13, decided 3 March 2022.
  • High Court of Australia, Jamsek v Macedonian Orthodox Community Church St Demetrius Inc [2022] HCA 12, decided 3 March 2022.
  • ATO, TR 2023/4, Income tax and superannuation guarantee: who is an employee?, published 11 December 2024: the primacy of the written contract, considered holistically.
  • ATO, Difference between employees and independent contractors (QC64491): the indicia table and the employee/contractor decision tool.
  • ATO, Super for independent contractors (QC33854), updated 29 April 2026: the mainly-for-labour superannuation guarantee test and its three limbs.
  • ATO, Working as an independent contractor (QC43442), updated 5 June 2026: the entitlements a contractor does not receive, and GST, BAS and PAYG instalment obligations.
  • ATO, Personal services income: the more-than-50% test and the personal services business tests.
  • Fair Work Act 2009 ss86-87: the 4-week National Employment Standards annual leave entitlement.
  • ATO individual income tax rates for 2026-27, the low income tax offset, the 2% Medicare levy and the 12% superannuation guarantee rate, as implemented in this site’s tax engine and used for every computed figure above.

All ATO and court sources accessed 28 July 2026. Last verified 28 July 2026.

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