Wondering what your tax refund might be this year? Find out in 1 minute with our tax refund calculator!
Use the tax calculator to estimate your next ATO tax refund. Don’t have a final income statement or other tax documents quite yet? That’s ok! Just ‘predict’ the yearly amount based on your most recent payslip.
This tax refund calculator includes the new 2019 tax cuts.
Australian 2020 Tax Calculator
Add your details below, then click “Calculate”. The more details you add, the more accurate your refund estimate. It’s quick, free and easy to use!
Your estimated tax refund: $0.00
This tax calculator provides a general estimate of your tax refund or payable, based on the numbers you enter. The calculator above uses 2019 ATO tax rules, and it will be updated soon with any 2020 ATO changes.
This form is not your official tax return. Please click below to finish your tax return now.
Ready to lodge your tax return and get that refund?
It takes just a few minutes online, with live online support to help boost your refund.
Are you a temporary or part-year resident in Australia, or are you on a visa?
The calculator above is for people who are Australian residents for tax purposes. Which means, citizens or permanent residents who lived in Australia for the full tax year (excluding holiday travel etc).
If you are on a working holiday, have a visa, are working overseas or any other non-permanent arrangement, do not rely on the calculator above (nor any other simple online calculator), because it can’t make adjustments for your situation. It’s best to do your tax return via the “get started” button. Inside your Etax return, you can add your visa details and dates, and Etax will correctly calculate an accurate tax refund estimate.
Should I find a tax refund calculator that gives the biggest refund estimate?
The tax return calculator above uses the latest logic and tax rates from the ATO. It’s updated whenever the ATO makes tax system changes (usually in May and June of each year).
Every online tax calculator gives an approximate or ‘ballpark’ refund estimate. Many calculators, including ones provided by the ATO, can be inaccurate. They don’t properly account for the Medicare levy and other items that affect your tax refund. That means, the calculators might give you an estimate that’s higher than the refund you’ll actually receive when you lodge your tax return.
This tax calculator is made to save you time and give you a basic tax refund estimate. However, because it only contains eight items, it’s just a rough estimate. We always recommend checking the tax calculator inside the Etax tax return which is extremely accurate!
For a more accurate tax refund calculator, plus tools that help boost your tax refund, enter your details in the Etax online tax return.
- Advanced tax refund calculator
- Private and secure
- Save deductions and receipts year-round, ready for your next tax return
- Etax can pre-fill most of the return for you based on ATO data
- You’ll get valuable tax updates plus online and phone support
- Online convenience and professional tax agent service (no appointments)
- Your tax questions answered – anytime – by a professional accountant
- Etax Accountants is Australia’s #1 online tax agent – since 1998
Remember: The sooner you lodge your tax return, the sooner you’ll get your refund!
How to use the full tax return calculator and see your accurate tax refund estimate:
- Start your tax return and create your account. (Already have an account? Just click here to login).
- Enter your income from all sources.
- Next, go ahead and add your other income or deductions.
As you go, watch the top part of your screen – your refund estimate is right there. It will adjust automatically for each new number you add to your return. You don’t need to click save or anything, just keep adding your details. The Etax return will keep up with you. It re-calculates your refund estimate constantly, based on the latest details you entered.
Get ready to do your taxes in a couple of minutes
Some people avoid their taxes and procrastinate. But these days, with Etax, there are no appointments and nothing to worry about. It is better to get your tax refund now – and forget about tax for another year. Start your Etax return any time.
You’ll be amazed at the way it completes most of the info for you. It’s fast and easy. And it helps you find deductions that improve your tax refund!