Your taxable income is estimated from the annual income and deductions entered. The selected income-year rates, the Low Income Tax Offset where applicable, and your Medicare setting are then applied before comparing the result with tax already withheld.

This calculator is designed as a general guide for common individual tax situations in Australia. Circumstances involving study loans, Medicare Levy Surcharge, SAPTO, family adjustments, private health cover, capital gains, other offsets or assessment adjustments can change the final outcome.