Online Tax Refund Calculator

(Last updated 26/03/2014)

Try our Quick 2014 Tax Refund Calculator - calculation based on single person income and includes Medicare levy and Medicare Levy surcharge where it applies.

You might also want to see our checklist on preparing your eTax return.

Tax Refund Estimate

Gross income:
Reportable Fringe benefits:
Tax Withheld:

eTax Return Checklist

Related Posts:

• E-tax Return Checklist 
• E-tax Download Checklist
• E-tax and Assessable Income
• E-tax and Allowable Deductions Checklist
• E-tax and Tax-offsets Checklist
• E-tax and CentrelinkChecklist
• Tax Deduction Finder For My Job - Over 35 Occupations

E-tax Return Checklist

With tax time not far away there are some things you can do to start getting ready to prepare your annual tax return.

Whether you prepare and lodge your tax return manually, use a tax agent, eTax or other online tax return preparation service, here are some quick tax time tips to help get you on the right track to get the best etax help and the best etax tax refund:

Fast 2014 Tax Refund Calculator

Related Posts:

• 4 ways of Claiming Car Expenses 
• Claiming Overnight Travel Allowance
• Claiming Overtime Meal Allowance
• Claiming Work Clothes and Uniforms
• Claiming Zone Tax offset 
• E-tax Return Checklist
• Tax Deduction Finder For My Job - Over 35 Occupations

Try our 2014 Fast Tax Refund Calculator - Calculation based on single person income and includes Medicare Levy, Medicare Levy Surcharge and Low Income Tax Offset.  

Tax Refund Calculator 2014

Gross income:
Reportable Fringe benefits:
Tax Withheld:

Increase Your 2014 Tax Refund

Do any of these apply to your 2014 tax refund calculation?

• Allowances - Common for many workers, is it income and what deductions can be claimed?
  
• Work Related Deductions - Common for most workers, what expenses can you claim?
• Travel Expenses & Overtime Meal Allowances - Common in Transport and Construction, what rate applies to you?

PAYG Withholding Weekly Tax Calculator - Online

PAYG Calculator Using this ATO online PAYG Withholding Weekly Tax calculator is fairly easy. It calculates the amount of tax that should be deducted from your pay. You can choose - weekly; fortnightly; monthly or quarterly.

You will need to answer a couple of basic questions that help determine appropriate rates (leave at the defaults if you are not sure). Once you get the hang of it it is really is easy to use.

PAYG Withholding Weekly Tax Calculator - Online:

iPhone Tax Return Estimator 2013

Get an INSTANT tax refund estimate with our FREE, easy to use iPhone tax return calculator. It's designed for Australians to easily estimate the amount of tax return that is due for the financial year for individual taxpayers.

Simply enter your income, an amount for deductions and tax withheld in the relevant fields and calculate your estimated tax refund.

Features:     

• “Information” buttons for additional explanations, tax definitions and tax tips
• Medicare Levy, Medicare levy Surcharge automatically calculated
• Calculates the amount of tax, Medicare Levy, Medicare Levy Surcharge and Low Income Tax Offset applicable to your circumstances
• Click through to prepare and lodge your tax return electronically or you can speak to a member of the My Tax Zone team on the phone and prepare your tax return. It is that simple.
• Wondering “How much will my tax refund be?” – Our tax return calculator app is a quick, easy and convenient solution
• Tap through to use our comprehensive online tax return preparation system and pay less.
• Tap through to prepare your tax return by phone with one of our experienced and friendly tax consultants

See these posts with tips, calculators and checklists to help you prepare your eTax Return (and get a better refund) with less hassle - checklist of eTax and Assessable Income and deductions and checklist of eTax and Allowable Deductions.

 For help with your eTax return see our eTax Return Checklist.

Web Based Tax Return App:

A benefit of using eZtax, our web based tax return app, is we have the genuine online tools, knowledge and experience to get the best tax refund for our clients, making it easy to complete your annual tax return online.

Our Web Based Tax Return App will step you through all the necessary questions to increase your 2014 tax refund estimate and take into account all relevant tax deductions and tax offsets. Try it now. Its FREE to get started! 

Tax Return Estimator

Try our 2013 Tax Refund Calculator Setimator  - Calculation based on single person income and includes Medicare Levy, Medicare Levy Surcharge and Low Income Tax Offset.  

Tax Refund Estimate

Gross income:
Reportable Fringe benefits:
Tax Withheld:

Medicare Levy Surcharge 2013

Medicare Levy Surcharge 2013

You  are only required to pay medicare levy surcharge if your "adjusted taxable income" is over certain thresholds and you are not covered by hospital cover in a private medical insurance fund.

See this post for "Adjusted Taxable Income" and how it relates to medicare levy surcharge.

The thresholds for medicare levy surcharge in 2013 are a little different to previous years as there are different rates dependent on various income margins as follows:

	Unchanged	Tier 1	Tier 2	Tier 3
Singles	$84,000 or less	$84,001-97,000	$97,001-130,000	$130,001 or more
Families*	$168,000 or less	$168,001-194,000	$194,001-260,000	$260,001 or more
Rates	0.0%	1.0%	1.25%	1.5%

What is Medicare Levy Surcharge?

Individuals and families on incomes above the Medicare levy surcharge thresholds who do not have private patient hospital cover may have to pay the Medicare levy surcharge. The income threshold increases by $1500 for each additional dependant child.

The surcharge is in addition to the general 1.5% medicare levy.

E-tax Return

See these posts with tips, calculators and checklists to help you prepare your eTax Return (and get a better refund) with less hassle:

• checklist of eTax and Assessable Income 
• checklist of eTax and Allowable Deductions

For help with your eTax return see our eTax Return Checklist.

Web Based Tax Return App:

A benefit of using eZtax, our web based tax return app, is we have the genuine online tools, knowledge and experience to get the best tax refund for our clients, making it easy to complete your annual tax return online.

Our Web Based Tax Return App will step you through all the necessary questions to increase your  tax refund and take into account all relevant tax deductions and tax offsets. Try it now. Its FREE to get started!

Tax Return Estimate 2013

For help with increasing your 2013 tax refund use our quick tax return estimate for 2013:

If you have an iPhone you can download our Tax Return Calculator at the App Store. It's a FREE App which you can carry with you anywhere, anytime.

The calculator is based on a single person income and includes Medicare Levy and Medicare Levy Surcharge and Low Income Tax Offset. where it applies.

Do any of these apply to you?

 

ATO Makes EFT of Refunds Mandatory for 2013 Onwards

From 1 July 2013 when preparing your individual income tax return, taxpayers now need to include their nominated Australian bank account details when a refund is expected since the ATO will no longer issue refund cheques.

The ATO says Electronic funds transfer (EFT) is the fastest, most-secure way for taxpayers to receive their refunds.

For those taxpayers using an accountant/tax agent, a deduct fee from refund option is often available, and is a convenient way to get your tax return done.

For those clients who use our online tax return preparation service at eZtax, a deduct fee from refund option is available.

See these posts with tips, calculators and checklists to help you prepare your eTax Return (and get a better refund) with less hassle - checklist of eTax and Assessable Income and deductions and checklist of eTax and Allowable Deductions.

 For help with your eTax return see our eTax Return Checklist.

Web Based Tax Return App:

A benefit of using eZtax, our web based tax return app, is we have the genuine online tools, knowledge and experience to get the best tax refund for our clients, making it easy to complete your annual tax return online.

Our Web Based Tax Return App will step you through all the necessary questions to increase your 2014 tax refund estimate and take into account all relevant tax deductions and tax offsets. Try it now. Its FREE to get started!