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Calculating your tax

Do you have to pay income tax?
Whether your not-for-profit organisation has to pay income tax will depend on whether it is exempt from income tax. Only certain types of not-for-profit organisations are exempt. Many are taxable and may need to lodge income tax returns and pay income tax.
GST
Not-for-profit organisations must register for GST if their GST turnover is $150,000 or more. Various GST concessions are available.
Income tax estimator
We produce tax calculators to help you work out your tax refund or debt for the previous two income years.
Income tax returns
While some types of not-for-profit organisations are exempt from income tax, others are taxable and may need to lodge an income tax return.
Individual income tax rates
These rates show the amount of tax payable in every dollar for each income bracket for individual taxpayers.
Simple tax calculator
This calculator will help you work out the tax you owe on your taxable income for the previous four income years.
Temporary budget repair levy
As part of the 2014–15 Federal budget the government introduced a temporary budget repair levy. Individual taxpayers with a taxable income of more than $180,000 per year will have additional tax withheld by their employer, starting from 1 July 2014.