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..