Current tax brackets
Calculations use FY2024-25 Australian tax rates with automatic updates for future years.
Australian tax support
Tax calculations
Automatic tax calculations using current Australian tax brackets, Medicare levy, and HECS repayment thresholds.
Key highlights
Medicare levy
Includes Medicare levy calculations with thresholds for low-income earners.
HECS-HELP repayments
Calculates mandatory HECS repayments based on your repayment income thresholds.
Marginal vs effective rates
See both your marginal tax rate and your effective tax rate on total income.
Why this matters
- 1Understand your true tax burden without needing to manually calculate complex tax rules.
- 2Project future tax liabilities based on expected income growth.
- 3Optimise your tax position through salary sacrifice and deduction planning.
- 4Make informed decisions about additional income sources and their after-tax value.
How it works
- 1
Enter your income sources and HECS debt balance.
- 2
The system automatically calculates your tax based on Australian tax law.
- 3
View your tax summary showing income tax, Medicare levy, and HECS repayments.
- 4
Projections show expected tax in future years based on income growth.
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