Australian Tax Return Calculator

Estimate your tax refund or liability in seconds

Income Tax Calculator 2023-2024

Estimate how much tax you'll pay on your income

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Tax Refund Calculator 2023-2024

Estimate how much tax refund you might receive

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Service Fee Calculator

See our transparent pricing with no hidden fees

Frequently Asked Questions

Common questions about tax returns and our calculator

How accurate is the tax calculator?

Our tax calculator provides an estimate based on the information you provide and current tax rates. For a more accurate assessment, we recommend using our full tax return service where a registered tax agent will review your specific circumstances and maximize your legitimate deductions.

What tax rates are used in the calculator?

Our calculator uses the current ATO tax rates for the 2023-2024 financial year. These include:

  • 0% for income up to $18,200
  • 19% for income between $18,201 and $45,000
  • 32.5% for income between $45,001 and $120,000
  • 37% for income between $120,001 and $180,000
  • 45% for income above $180,000

Plus the Medicare Levy of 2% (subject to exemptions and reductions).

What deductions can I claim on my tax return?

Deductions vary based on your occupation and circumstances, but common deductions include:

  • Work-related expenses (e.g., tools, uniforms, travel)
  • Home office expenses
  • Professional development and education costs
  • Vehicle and travel expenses related to work
  • Charitable donations
  • Investment-related expenses

Our tax agents will help identify all eligible deductions to maximize your refund.

How does the $10 sign-up bonus work?

When you sign up using our special link, you'll automatically receive a $10 credit in your wallet. This credit can be applied to your first tax return service. It's our way of welcoming you to Taxo.au and helping you save on your tax return.

How long does it take to complete a tax return with Taxo.au?

Most users complete their tax return in 15-30 minutes. Our streamlined interface and pre-filled information from the ATO make the process quick and hassle-free. After submission, our tax agents typically review and lodge your return within 2-3 business days.

Is my data secure with Taxo.au?

Absolutely. We use bank-level 256-bit encryption and secure 2-step verification to protect your personal and financial information. Our systems comply with all Australian privacy laws and ATO security requirements. Your data is never shared with third parties without your explicit consent.

Ready to File Your Tax Return?

Sign up now and receive a $10 wallet credit to use on your first tax return!