Tax Refund Estimator
Estimates whether you will get a tax refund or owe money at tax time.
Your result
Estimate only. Results update as you type.
How this calculator works
Refund = tax withheld − (tax on (income − deductions) − offsets + Medicare levy).
Worth knowing
Deductions only reduce taxable income. A $500 deduction at the 30% rate adds about $160 to a refund once the Medicare levy is included.
Guides for this calculator
- Tax Refund Estimator Explained for Australians
- Tax Refund Mistakes Australians Make and How to Avoid Them
Questions
- Are these results exact?
- They are estimates based on standard resident rates. Your actual tax depends on your full circumstances, offsets and any private health insurance position. The ATO’s own tools or a registered tax agent give a definitive answer.
- Do the calculators work for non-residents?
- No. Non-residents have different rates, no tax-free threshold and no Medicare levy. These calculators assume you are an Australian resident for tax purposes.
- When do tax rates change?
- Rates usually change on 1 July, the start of the Australian financial year. Check the ATO website each July for the current figures.
This calculator gives general estimates using published Australian rates and formulas. It doesn’t consider your personal circumstances. Check current figures with the ATO, your state government or a qualified professional before making decisions. See our disclaimer.