Income Tax Calculator

Updated on 05 August, 2022

Compare income tax for years 2021/2022
and 2020/2021

Work out your income tax liability according to the ATO's personal income tax scales.

Can't see the calculator?

JavaScript may be disabled on your browser. Please enable JavaScript to view the calculator.

FAQ

How can I estimate my tax return?

What tax will you pay for your income? What will your tax return be for your income level? Enter your income to find out what your tax rate is for the current financial year.

How is income tax calculated?

How much income tax will you pay on your income this year? how much tax you pay depends on the level of income and the tax bracket that applies to your income.

What is the tax bracket for 2019?

Tax brackets and tax thresholds have changed in 2019. Many Australians will pay less tax than in previous years. Your tax bracket and the income threshold for your tax bracket depends on your income for the last financial year. The InfoChoice tax calculator will apply the appropriate bracket and tax rate to your income when your enter it.

Other Calculators

Home Loans

Mortgage Calculator : Calculate what your mortgage repayments will be and how they would fit into your budget by using our Mortgage Calculator

Stamp Duty Calculator : Calculate what your upfront or transfer costs are when buying property by using our Stamp Duty Calculator

Borrowing Power Calculator : Calculate the maximum loan amount you can borrow based on your income and expenses by using our How much can I borrow calculator

Home Loan Comparison Calculator : Calculate your home loan repayment options based on fixed vs variable home loan rates by using our Home Loan Comparison Calculator

Mortgage Extra Repayment Calculator : Calculate how quickly extra repayments can help pay off your home loan by using our Mortgage Extra Repayment Calculator

Lump Sum Repayment Calculator : Calculate how much lump sum payments on your mortgage can help you save by using our Lump Sum Repayment Calculator

Refinance Calculator : Calculate how much switching your home loan can help you save by using our Refinance Calculator

Split Loan Calculator : Calculate the benefits of having a split loan and experiment different split loan scenarios by using our Split Loan Calculator

Principal and Interest Calculator : Calculate the benefits of making principal payments off your mortgage by using our Principal and Interest Calculator

How Much Can I Borrow Calculator : Calculate your affordability based on the property location by using our How Much Can I Borrow Calculator

Savings & Term Deposits

Savings Calculator : Calculate how much interest your savings account can help you earn by using our Savings Calculator

Budget Planner : Calculate your income and expenditure targets to help you reach your savings goals by using our Budget Planner

Term Deposit Calculator : Calculate how much interest your term deposit can help you earn by using our Term Deposit Calculator

Income Tax Calculator : Calculate how much income tax you would potentially pay based on your current income and how it compares to the previous year by using our Income Tax Calculator

Credit Cards & Personal Loans

Credit Card Calculator : Calculate how long it will take to pay off your credit card by using our Credit Card Calculator

Personal Loan Repayment Calculator : Calculate how much your repayments would be based on the personal loan amount you're looking to borrow by using our Personal Loan Repayment Calculator

Car Loan Calculator : Calculate how much your car loan repayments would be based on the amount you're borrowing for your car by using our Car Loan Calculator