The Etax tax calculator instantly shows an estimate of your tax refund.
A tax refund calculator needs to be quite complex in order to calculate an accurate ATO tax refund estimate. Websites that just ask for your income and tax withheld cannot accurately predict what your tax refund will really be.
At Etax.com.au, after you register and log in, you can get a live calculation of your tax refund. When you add more details and enter more fields in the online tax return, the tax refund calculator becomes more and more accurate.
Plus, every time you add another number to your return, the tax return calculator re-calculates your refund amount. This helps you see how different items on your return will affect your refund. That’s not possible with most tax calculators!
Take a look at the screenshots to see how it works…
How to use the tax calculator and see your tax refund estimate:
- Log in and start your tax return.
- Enter your income, deductions and other details (it is easy).
- Look at the upper-right-hand corner – your estimate is right there.
Next, go ahead and add your other income or deductions. While you add more numbers to your tax return, the system will re-calculate your refund estimate based on the latest details you’ve entered.
Remember: When you add more details about your income and deductions, your refund estimate becomes more accurate.
Most people can get an accurate refund calculation and then finish their tax return in just minutes.
Why not use the ATO’s basic tax calculator?
The ATO’s online tax calculator is a basic program that calculates an approximate refund. The ATO’s calculator does not properly account for the Medicare levy and may provide an estimate that’s higher than your actual refund.
It is risky to pay attention to simplified or artificially high tax refund estimates. Instead, you should try to use an accurate refund calculator so you’ll know how much to expect from the ATO.
Etax.com.au (Australia’s favourite online tax return) includes a live tax calculator that updates automatically based on each piece of information you enter, ensuring an accurate, personalised tax refund estimate.
The Etax online return for 2014 includes a live
tax refund calculator — and it works on mobile!
(On mobile, after you log in, click the menu icon to see your refund estimate)
Please note, the Tax Calculator is a free element of the Etax.com.au online tax return. The calculator provides an estimate of your tax refund (or payable). After you complete and sign your tax return (most people finish in just 15 minutes), our qualified accountants check your return, making any suggestions regarding further deductions or errors. You will then receive an accountant-checked estimate. If any details or claims have changed, your final estimate may differ from the automated calculator’s estimate (but this will be the most accurate possible estimate).
To start using the tax refund calculator, you need to register and start your online tax return.
There is no obligation to complete your return online, although most people find it is the best way to do a tax return, full-stop.
Remember: The sooner you lodge your tax return, the sooner you’ll get a refund!