Homepedia Assistant

Tax estimate

Estimate your tax

Enter your income for the year and the tax already withheld. It works out the Medicare levy, HELP repayments and tax offsets.

Year and residency
Income
Gross amount from your income statement in myGov, before tax.
Second job
Rental property
Agent fees, repairs, insurance, council rates.
Shares, crypto or property sold
Enter the full gain. The 50% discount is applied to it.
Dividends and interest
Sole trader
Income less business expenses. Start with a minus sign for a loss.
Deductions
Working from home, tools, uniforms, work travel.
Self-education, donations and other deductions
For example, the cost of a tax agent last year.
Tax already paid
Leave blank and it's estimated from your salary.
About you
Spouse and children

Your estimate

Enter your income and press Calculate. The result shows your refund or the amount to pay, line by line.