Income Tax Calculator.

This calculator has been designed to give you an idea
on how the new tax rates in the proposed budget may affect you.

Income details for the 2007–08 income year

Taxable income is gross income less allowable deductions.

Your 2007–08 taxable income  

This calculator covers various circumstances.  
To save you from going through screens which do not apply in your circumstances,
you can simply select  Yes or No to each of the following sections.  

If you like to try with a different amount or different options, simply click on the [BACK] button
in your browser or press the [BACK SPACE] key on your keyboard to return to this page.  

The first two items apply to most Australians.  Make sure you select  Yes if you want the calculation to take these items into consideration.

 
Select  Yes for any items you want included in the calculation of your tax payable.
Low Income Offset Yes No
Medicare levy Yes No
Do you have Private Hospital Insurance
That qualifies for the Medicare Surcharge Exemption?
(Tick YES if you do NOT want Medicare levy surcharge taken into account) 		Yes No

 

 

When in doubt, seek the advice from a qualified accountant or call the tax office: ( Personal tax enquiries - 13 28 61)
Disclaimer: This is a guide only. We do not accept responsibility for it's accuracy.