Tax Return Calculator

(Last updated 30/06/2015)

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2015 Tax Refund Calculator Australia is based on single person income and includes Low Income Tax Offset, Medicare levy and Medicare Levy surcharge where it applies.

You will also find tips, calculators and checklists to help you prepare your eTax Return (and get a better refund) with less hassle - summary of E-tax and Assessable income and checklist of E-tax and Allowable Deductions.

Tax Refund Estimate


Gross income:
Reportable Fringe benefits:
Tax Withheld:




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eTax and Assessable Income

(last updated 24/04/2014)

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The following tax time tip and checklists will help you prepare your annual etax return and calculate your tax refund.

See this post with tips, calculators and checklists to help you prepare your eTax Return (and get a better refund) with less hassle summary of Allowable Deductions.

Assessable income is the starting point for all tax returns whether you are using etax, a local tax agent or other online tax return preparation service.

Assessable income is all income receipts, regardless of how it is taxed or whether specific Tax-offsets apply, and includes many types of monetary receipts, including:
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Tax Return Estimate 2014

(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 will also find tips, calculators and checklists to help you prepare your eTax Return (and get a better refund) with less hassle - summary of e-tax and Assessable income and checklist of e-tax and Allowable Deductions.

Tax Refund Estimate


Gross income:
Reportable Fringe benefits:
Tax Withheld:


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Tax rates & tables and Tax calculator

(last updated 27/03/2014)

For a checklist of allowable deducions that relate to your job see this post: Tax Deduction Finder for My Job.

For many years tax rates and table were fairly easy to obtain. You just needed to get your hands on an ATO TaxPack which contained a myriad of tables. Since 2009 these tables are no longer so easy to find since the tax office decided to stop publishing them in the TaxPack. Instead, people searching for tax rates and tables now need to either subscribe to costly tax related journals or go online. That’s where the fun begins. Don’t get me wrong. I think the ATO’s web site contains a lot of current and relevant information – but try navigating around it! So here are some common tables to get you through. Here is a quick and easy checklist of tax rates ad tables for the past few years:

Tax rates 2013-14:
Tax rates for 2014 have changed with the most significant change being the higher tax free threshold of $18200. In reality, the combined changes to income thresholds and to the Low Income Tax Offset results in little change overall to the previous year:

0 – $18,200
Nil
$18,201 – $37,000
19c for each $1 over $18,200
$37,001 – $80,000
$3,572 plus 32.5c for each $1 over $37,000
$80,001 – $180,000
$17,547 plus 37c for each $1 over $80,000
$180,001 and over
$54,547 plus 45c for each $1 over $180,000

Medicare Levy 2014:


Note that the above tax rates do not include the Medicare Levy or Medicare Levy Surcharge, with the former increasing to a rate of 2% from 1 July, 2014 to fund the National Disability Care programme.

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 onilne.

Our Web Based Tax Return App will step you through all the neccessary 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 rates 2012-13:
Tax rates for 2014 have changed with the most significant change being the higher tax free threshold of $18200. In reality, the combined changes to income thresholds and to the Low Income Tax Offset results in little change overall to the previous year:

0 – $18,200
Nil
$18,201 – $37,000
19c for each $1 over $18,200
$37,001 – $80,000
$3,572 plus 32.5c for each $1 over $37,000
$80,001 – $180,000
$17,547 plus 37c for each $1 over $80,000
$180,001 and over
$54,547 plus 45c for each $1 over $180,000


Tax Rates 2010-2011
Taxable income Tax on this income
0 - $6,000 Nil
$6,001 - $37,000 15c for each $1 over $6,000
$37,001 - $80,000 $4,650 plus 30c for each $1 over $37,000
$80,001 - $180,000 $17,550 plus 37c for each $1 over $80,000
$180,001 and over $54,550 plus 45c for each $1 over $180,000

Tax Rates 2009-2010

Taxable income Tax on this income
0 - $6,000 Nil
$6,001 - $35,000 15c for each $1 over $6,000
$35,001 - $80,000 $4,350 plus 30c for each $1 over $35,000
$80,001 - $180,000 $17,850 plus 38c for each $1 over $80,000
$180,001 and over $55,850 plus 45c for each $1 over $180,000


PAYG Withholding Weekly Tax Tables (PDF files) :

2012 Online version tax witheld calculator:


 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! 
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EzTax Web Based Tax App


                  Cloud service * no downloads * FREE storage of your vital tax data
                     Web based Tax APP * Free your disc space * really easy to use


With our EzTax Online Tax Package, completing your tax return has never been easier!

For a fast return just follow the simple steps . It's easy to use and saves you time and trouble. 
  • Web based tax app - in the cloud
  • Open a browser and go. 
  • Security of a registered Tax Agent review and lodge your return. 
  • Prepare multiple returns for your family with one account
  • Tax office electronic lodgment approved software
We'd love to help you get the best possible refund. All our users say eztax is really easy to use. To get started click here:



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etax Download

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On 1 July every year the ATO will make their latest version of etax available for download. See link to ATO at bottom of page.

You will also find tips, calculators and checklists to help you prepare your eTax Return (and get a better refund) right here - summary of e-tax and Assessable income and checklist of E-tax and Allowable Deductions.


Changes to Tax Return Each Year: 

In May each year the government releases their annual budget in which changes to the tax system are announced. These changes can be big or small and can, as in recent years, have a significant
downward impact on the tax refund of Australian workers. Budget announcements also impact on what the annual tax return is going to look like and how your tax refund will be calculated. For many tax return preparers these changes can be challenging.

Bad news - There are quite a few NEW items on the tax return which could cause problems for many self preparers. There have been changes to the income tests used to work out some tax offsets, deductions and the Medicare levy surcharge. This may increase the amount of tax and Medicare levy surcharge you have to pay and reduce the amount of Spouse tax Offset, Senior Australians Tax Offset and Pensioner Tax Offset.
You may be affected by these changes if:
  • you pay child support
  • your employer has made extra super contributions for you such as salary sacrifice super contributions – these are called reportable employer super contributions
  • you have rental properties, and the deductions you will claim exceed the income you have derived from them
  • you have financial investments and the deductions you will claim exceed the income you have derived from them.
Now that the income tests include these additional amounts, your income may be above the existing income thresholds. This means that you may:
  • no longer qualify for certain tax offsets or you may only qualify for a reduced amount
  • no longer qualify for super co-contributions or personal super contribution deductions
  • be liable for the Medicare levy surcharge
  • be required to pay more of your Higher Education Loan Program or Student Financial Supplement Scheme debt. 
See this post for more details on Adjusted Taxable Income==> What Is Adjusted Taxable Income (ATI).

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:
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!
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What is Assessable Income?

(last updated 01/04/2014) 

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Assessable income should not be confused with "taxable income", which is assessable income LESS allowable deductions. 

Assessable income is the starting point for all tax returns and includes all income receipts regardless of how it is taxed or whether specific Tax-Offsets apply. See this post for a checklist of what is included in assessable income.

Even though it is assessable, tax may not be payable if the income for the year ended 30 June is less than the appropriate tax-free threshold. See this post for details of the Tax Free Threshold and various rates tables that can apply to income.

 A quick list of examples of assessable income are:
Some income receipts are specifically exempted from tax - see this post for a checklist of What is Exempt Income?

Other receipts, although they form part of a payment "Package" may not be assessable, but are still reported in the annual tax return - eg Fringe Benefits. 

You may also need to be aware of Adjusted Taxable Income (ATI), which, like Fringe Benefits, may effect other government entitlements (eg FTB) or liabilities (eg Medicare Levy Surcharge or Child Support). See this post for an explanation of ATI. 

A final point on income from a hobby.  Many people commence a business type operation but on such a small scale that it does not actually represent a business and is therefore not assessable income. Another scenario of a hobby is where a part time activity is pursued for pleasure or recreation. Income received from a hobby does not form part of assessable income. See this explanation and checklist of income from a hobby.

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:
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! 

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