Comprehensive Tax Calculator

Comprehensive Tax Calculator – It will take approx 15/25 mins to complete.

This tool will calculate the tax payable on a given taxable income for the income year 1 July 2009 to 30 June 2010. It can also calculate:

  • Medicare levy
  • Medicare levy surcharge
  • Higher Education Loan Program (HELP) repayment
  • Student Financial Supplement Scheme (SFSS) repayment, and
  • any tax offsets that may apply.

It will take these, along with other tax credits, into account in calculating the tax refund or debt.

Information you will need

  • Your taxable income for the 2010 income year (1 July 2009 to 30 June 2010).
  • Your residency status for taxation purposes.
  • Details of your tax credits and any tax offsets you are entitled to claim.

You may need additional information, depending on your circumstances and what you choose to calculate..