Tax rates and calculations



This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

If you wish to calculate the amount of your refund or debt, you can use the following tools:

This tool will help you to calculate the tax you owe on your taxable income. It will not calculate any:

  • Medicare levy
  • Medicare levy surcharge
  • Higher education contribution scheme (HECS), or
  • Student financial supplement scheme (SFSS) liabilities you may have.

The calculator caters for income years ended 30 June 2005, 30 June 2006 and 30 June 2007.

You can use this calculator for an estimate of your tax refund or debt for income years ended 30 June 2005, 30 June 2006 and 30 June 2007.

It will estimate your tax payable and will also calculate

  • Medicare levy
  • Medicare levy surcharge
  • Higher Education Contribution Scheme (HECS) debt
  • Student Financial Supplement Scheme (SFSS) debt, and
  • any tax offsets that may apply.

It will take these, along with other tax credits, into account in estimating your tax refund or debt.

Last modified: 06 Nov 2014QC 19419