While an accurate estimate is best obtained from your local ITP Professional, this tax calculator can provide a preliminary indication of your expected return. However, please be aware that this tool is simplified, and its accuracy diminishes as the complexity of your tax situation increases.
Your entire earnings for the year from all sources.
Amount of tax paid to the ATO by your employer.
Expenses you're claiming to reduce your taxable income.
The amount you still owe for your student loans.
Additional superannuation contributions you've made this year.
Any non-cash benefits provided by your employer.
The estimate provided is not intended to be an accurate representation of the tax return you receive. The actual figure will depend on many factors which we can’t include into this basic calculator. If you are after a precise estimate, please discuss it with your ITP consultant at your next appointment.
