Income Tax

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  1. $

Results

  1. $
  2. $

This estimate does not include any applicable Medicare levy, Medicare levy surcharge, Higher Education Contribution Scheme (HECS), or Student Financial Supplement Scheme (SFSS) liabilities. The acutal tax on your income may be higher than the calculated amount shown.

Calculator Assumptions

Assumptions:

  • This calculates tax only for Australian Residents.
  • The Medicare levy (usually 1.5%) or Medicare Levy Surcharge (1%-1.5%) has not been included.
  • Your actual tax owed will also depend on rebates and tax offsets that may lower the tax you have to pay.
  • Please consult your accountant for an accurate and detailed calculation.

Disclaimer: Whilst every effort has been made to ensure the accuracy of this calculator, the results should be used as indication only. They are neither a quote nor a pre-qualification for a home loan.