Enter your assessable  income  
Enter your allowable deductions  
Your taxable income is
Tax payable on taxable income
Medicare Levy payable
Flood Levy payable
Total Tax payable

Assessable income includes income earned from all sources including wages and salary; capital gains tax income and income from investments such as cash, shares and managed funds. This tax calculator is not a substitute for professional taxation advice, and the publishers do not take responsibility for the accuracy of the estimation. Taxpayers should have their tax return prepared by a registered tax agent if in any doubt.