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 in the previous three income years.
This calculator does not determine eligibility or calculate entitlement to a credit for interest on overpayments of tax and delayed refunds of running balance account (RBA) surpluses. We will automatically calculate these amounts for you.
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 us 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).
Note: This calculator will give you an estimate only, based on the information you enter at the time.
The calculation will take between 2 to 5 minutes to complete.
This calculator will help you work out your entitlement to a credit for interest on early payments of tax for the previous three income years. Last modified: 09 May 2016QC 18049