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 7

    Australia’s only armed rebellion, at Eureka in October 1854, was over the high cost of a goldmining licence. If a miner did not have a licence on them, they were arrested and the arresting policeman received half the fine.

Asset

An item of value such as property, a car or machinery, or a financial item such as shares or a bank account.

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