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Income Tax Calculator

Input your income details into our income tax calculator to understand how much tax you will need to pay on your earnings. This calculator has been built in accordance with the official Australian Tax Office rates and formulas.

Gross Salary

$

Enter the amount you would like to borrow.

Period

Financial Year

Tax Status Hide

Resident

Tax Free Threshold

Other Income Show

Capital Gains

$

Net Business Income

$

Net Rental Income

$

Dividends

$

Other Income

$

Allowances

$

Tax Deductions Show

Work Related Expenses

$

Additional Super Contributions

$

Work Related Travel

$

Other Deductions

$

Carried Forward Losses

$

Medicare Show

Private Health

Half Exemption

Full Exemption

Dependant Children

Other Show

Spouse Income

$

HECS Loan

Tax Credits

$

Advanced Options

Weekly Fortnightly Monthly Annually

Pay

$0.00 $0.00 $0.00 $0.00

Taxable Income

$0.00 $0.00 $0.00 $0.00

Base Salary

$0.00 $0.00 $0.00 $0.00

Captial Gains

$0.00 $0.00 $0.00 $0.00

New Business Income

$0.00 $0.00 $0.00 $0.00

Net Rental Income

$0.00 $0.00 $0.00 $0.00

Dividends

$0.00 $0.00 $0.00 $0.00

Other Income

$0.00 $0.00 $0.00 $0.00

Allowances

$0.00 $0.00 $0.00 $0.00

Work Related Expenses

$0.00 $0.00 $0.00 $0.00

Work Related Travel

$0.00 $0.00 $0.00 $0.00

Additional Super Contributions

$0.00 $0.00 $0.00 $0.00

Other Deductions

$0.00 $0.00 $0.00 $0.00

Carried Forward Losses

$0.00 $0.00 $0.00 $0.00

Tax

$0.00 $0.00 $0.00 $0.00

Income Tax

$0.00 $0.00 $0.00 $0.00

HECS Loan

$0.00 $0.00 $0.00 $0.00

Medicare

$0.00 $0.00 $0.00 $0.00

Medicare Surcharge

$0.00 $0.00 $0.00 $0.00

LITO

$0.00 $0.00 $0.00 $0.00

LMITO

$0.00 $0.00 $0.00 $0.00

Tax Credits

$0.00 $0.00 $0.00 $0.00
Marginal Tax Rate
%
No tax on income between $1 - $18,200 $0.00
19c for every dollar between $18,201 - $45,000 $0.00
32.5c for every dollar between $45,001 - $120,000 $0.00
37c for every dollar between $120,001 - $180,000 $0.00
45c for every dollar over $180,000 $0.00

Are you struggling to maintain repayments and falling behind on your debts? It’s FREE to find out if you’re eligible for one of our personalised debt management solutions and it won’t affect your credit score.

Frequently Asked Questions

What Do I Do If I Have A Budget Deficit?

If you have a budget deficit, you will need to look over your budget to see where you can cut back on your expenses, if you are unable to earn more income.

You will need to continue to work on your budget until you reach a surplus which is where our Budgeting Calculator comes in. Try it now for yourself.

If you are still coming up with a deficit give our team of financial professionals a call on 1800 534 534 and we’ll be able to explore alternative debt management solutions.

Where are these figures and rates from?

We pull all of our figures and rates directly from the Australian Tax Office (ATO) to ensure we are providing you with accurate calculations.

How much will a Tax Debt Solution cost?

The costs vary but there is no charge for the initial consultation with one of our financial professionals. You are under no obligation to proceed at this point. If you choose to do so though we will be totally transparent and upfront about the cost of resolving your tax challenges. Our prices are reasonable and fair, so you don’t have to worry about any surprises or hidden costs.

What is a Debt Management Plan?

A Debt Management Plan is a flexible payment arrangement which provides you with a viable alternative to Bankruptcy and avoids the serious consequences and limitations it carries.

It allows you to make one simple payment over a fixed term towards all of the existing debts you owe. The regular payment is set at an amount which fits within your budget.

During the DMP process, we negotiate with creditors on your behalf and on your terms – not theirs, so you can reach a fair outcome between all parties. All calls and harassment from creditors will cease once they recognise we are working with you to find a positive solution to your financial situation.

Our Debt Management Plan is offered Australia-wide. No matter where you are, if you’re struggling we can help reduce your debts and get your finances back on track.

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How Can We Assist You Today?

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Unsecured Debt Amount

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$1,000
$100,000+

Your Business Structure

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Please select at business structure to continue.

Business Debt Amount

$100,000
$10,000
$1,000,000+

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