Finance in Life

Advanced Tax Calculator

Build a more detailed estimate using the income, deduction and other details that are relevant to you.

Income year

01IncomeAdd the income categories that apply to you.
Rental propertyAdd rental income and expenses if relevant.
Business or sole trader incomeInclude business income and related deductible expenses.
02Capital gainsKeep this section at zero if it does not apply.
Include capital gains?For shares, property, crypto or other CGT assets.
03DeductionsEnter one total or break deductions down by category.
04Tax already paidAdd withholding shown on your income statements or other records.
05Medicare & coverAdd the details that affect the levy or surcharge estimate.
06Income tests & study loanThese amounts can affect surcharge and compulsory study-loan repayments.
Study or training loanEstimate a compulsory repayment where the selected year requires one.
07Seniors & pensioners offsetOnly select an option if this offset may apply to you.
About this estimate

This tool is a planning guide rather than a tax return assessment. It uses the selected year’s individual rates and common rules for the items above. Some circumstances require additional tests, apportionment or information that is not captured here.