Calculating tax due

Step 1 of 3

Calculating tax

Many people like to do their own tax calculation to get an idea of whether they are due a refund or have a tax debt.

If you lodge via myTax  you will be given an estimate of your refund or tax due before you lodge your return.

 

  • Fact 15

    Primary industry suffered severely in the 1930s due to drought and the Depression, so the government introduced three new taxes to support farmers: the flour tax, the wool tax and the apple and pear tax.

Payment summary

A statement issued to each employee by the employer at the end of the financial year (or when ceasing employment), setting out the gross income earned and the tax instalments deducted during the financial year.

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