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  • Credit for interest on early payments calculator

    The credit for interest on early payments calculator will help you calculate your entitlement to a credit for interest on early payments of tax made from 1 July 2013 to 31 March 2020.

    This calculator does not determine eligibility or calculate entitlement to a credit for interest on overpayments of tax and delayed refunds. We will automatically calculate these amounts for you.

    You need to know

    The following are not early payments:

    • pay as you go (PAYG) withholding amounts including      
      • amounts withheld from interest, dividends and royalties
      • amounts withheld by payers (including those withheld for HELP, VETSL, SFSS, TSL, SSL or ABSTUDY SSL)
    • PAYG instalments.

    Who should use this calculator?

    Only individuals and taxable trusts should use this calculator. It should not be used by companies, superannuation funds, corporate unit trusts and public trading trusts.

    You will need:

    • notification from the ATO showing the date of the notices, the amounts owing and the due dates
    • details of your dates of payments, shown on your bank statement or receipt from the post office or the ATO. Allow three extra days if you posted your payment.


    All outcomes provided by this calculator are based on the information you provide at the time of calculation.

    Next step:

    Last modified: 20 Dec 2019QC 18049