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Useful tax calculators — (bookmark this!)

Updated: Jun 4, 2019


The following are useful tax calculators that we have sourced for you. They mostly come from the Tax Office, but also other government agencies. Now you don’t have to sort through endless webpages to find the right calculator or tool.

Tax & You

Do I need to lodge a tax return?Dob in a tax evaderFreedom of information request formIndividual income tax ratesIndividual income tax rates for prior yearsIs your scholarship taxable?Simple tax calculatorCalculate days This calculator will work out the number of days in a period you specify – for example, to calculate the number of days during an income year that you do not have to pay the Medicare levy surcharge.CGT property exemption toolDepreciation and capital allowances tool This tool will help you calculate the deduction available from a depreciating asset. It will also assist you to calculate the claims you are entitled to for capital allowance and capital works purposes.Demergers calculator This calculator helps shareholders work out the capital gains tax consequences under a demerger, including the BHP Billiton, CSR, Sonic Healthcare, Mincor, WMC and Mayne Group demergers.Gross up rates for FBTHigher Education Loan Program (HELP) voluntary repayment calculator This calculator gives you an estimate of the bonus you will receive when you make a voluntary repayment towards your HELP debt, and the amount that will remain after your voluntary repayment has been applied.

Tax deductions

Australian zone listEmployee/Contractor decision toolCar expenses calculator (work related)Car fringe benefit calculatorCredit for interest on early payments calculator This calculator will help you work out your entitlement to a credit for interest on early payments of tax.Home office expenses calculator This calculator will help you work out the deduction you can claim where a home office is used for income producing purposes.Fuel Tax Credit ToolsSelf-education expenses calculator This calculator will give you an estimate of the deduction you can claim for work related self-education expenses on your tax return.Work related car expenses calculator This calculator will help you work out all four methods of work related car expenses.

Rebates & Offsets

Approved child care centres in your area toolFamily assistance & child support estimatorLow income tax offset calculatorMedicare levy calculatorFirst home saver account calculatorZone or overseas forces tax offset calculator This calculator will help you work out your eligibility for the zone or overseas forces tax offset and calculates the tax offset that you can claim. It also contains links to the Australian zone list and the overseas forces specified localities listing.

Work & You

Gross pay (from net pay) estimatorDecline in value for depreciating assets calculatorEmployee superannuation guarantee (SG) calculator tool Use this tool to determine your eligibility for SG and work out if you’ve received the correct amount. If the tool shows you haven’t received the correct amount, you can print a report to show your employer and, if necessary, lodge an enquiry with the ATO.Home office expenses calculator This calculator will help you work out the deduction you can claim where a home office is used for income producing purposes.Record keeping evaluation toolSuper co-contribution calculator The super co-contribution calculator is a tool to help individuals and the self-employed estimate their co-contribution entitlement and eligibility.Work related car expenses calculator This calculator will help you work out all four methods of work related car expenses.

Superannuation

Lost super search formSuper co-contribution calculator The super co-contribution calculator is a tool to help individuals and the self-employed estimate their co-contribution entitlement and eligibility.Undeducted Purchase Price calculator The Undeducted Purchase Price calculator will calculate the amount of the annual tax exclusion associated with the payment of a pension or annuity.

International

Are you a resident?Average foreign exchange ratesDaily foreign exchange rates (recent historical rates)Foreign income conversion calculator This calculator will assist you to translate (convert) foreign income into Australian dollars, using either a specific or an average rate of exchange for a range of countries.

Investment

General interest charge rates for tax officeDemergers calculator This calculator helps shareholders work out the capital gains tax consequences under a demerger, including the BHP Billiton, CSR, Sonic Healthcare, Mincor, WMC and Mayne Group demergers.Property exemption tool If you had sole or joint ownership of a property that you sold or are going to sell (or otherwise dispose of), this tool will help you work out what portion of your capital gain is exempt from capital gains tax.Rental property expenses

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