Monday, June 6, 2011


Try our simple Tax Refund Calculator - calculation based on single person income and includes Medicare levy and Medicare Levy surcharge where it applies. It does not allow for deductions and other tax offsets.

If you have Deductions and/or are entitled to various tax offsets (eg. Education Tax Refund), please use our comprehensive tax refund calculator at EzTax .

Tax Refund Estimate

Gross income:
Reportable Fringe benefits:
Tax Withheld:



Tax Refund Estimate

Total Gross income:                          $TOT1
";

if($GI1<=6000) { echo"No Tax
";
}
elseif($GI1>=6001 && $GI1<=37000) { $TI=(0.15*($GI1-6001)); echo"Amount of tax payable:                    $TI
";
}
elseif($GI1>=37001 && $GI1<=80000) { $GIT1=($GI1-37001); $TI=(4650+(0.30*$GIT1)); echo"Amount of tax payable:                     $TI
";
}
elseif($GI1>=80001 && $GI1<=180000) { $GIT2=($GI1-80001); $TI=(17550+(0.37*$GIT2)); echo"Amount of tax payable:                    $TI
";
}
else
{
$GIT3=($GI1-180001);
$TI=(54550+(0.45*$GIT3));
echo"Amount of tax payable:                    $TI
";
}

$LI=18488;
$HI=21750;
if($GI1<$LI) { echo"No Medical levy
";
}
elseif($GI1>=$LI && $GI1<=$HI) { $ML=($GI1-$LI)*0.10; echo"single Income Medical Levy:           $ML
";
}
else
{
$ML=$GI1*(0.015);
echo"single Income Medical Levy:           $ML
";
}

if($GI1>73000)
{
$MLS=$GI1*(0.01);
echo" 1% Medicare Levy Surcharge:        $MLS
";
}
else
{
echo"No Surcharge applied
";
}
echo"Tax Withheld:                                      $twhl
";
$deduct=$TI+$ML+$MLS;
$refund=$deduct-$twhl;
?>
Tax Refund:
$ref";
}?>
Tax Payable:
0)
{
echo "$refund";
} ?>

WHAT IF?

  • you have family?
  • you have exemption?
  • you have allowable deductions?
  • you are eligible for Education Tax Refund Tax Offset?
  • you are entitled to low income Tax Offset?
  • you are entitled to a reduction in Medicare Levy?
  • you are not required to pay Medicare Levy Surcharge?

The above calculation is a simple refund estimate based on your GROSS income only
- it does not take into account variations that may increase your refund entitlement.

For a comprehensive tax refund calculation please use our online tax return system

OR ezTax
Don't forget to use our Tax Deduction Finder for specific occupations!



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