Do you want an estimate of your tax refund?
Well you’ve come to the right place! The Etax tax calculator is one of the most sophisticated and accurate tax return calculators available.
Websites and tax return calculators that just ask for your income and tax withheld cannot accurately predict what your tax refund will really be.
Quite simply, they don’t have all of the relevant information…
Etax.com.au Tax Return Calculator
At Etax.com.au, after you register and log in, you can get a live calculation of your tax refund accurate to the cent based on the information entered in your return.
Each time you add a new detail to your return, our tax return calculator updates your estimated refund based on the effect the new information has on your overall tax refund or payable.
This is done automatically and in real time helping you to see how different items in your return will affect your refund. That’s not possible with most tax calculators!
Take a look at the screenshots below to see how it Etax.com.au tax return calculator works…
How to use the tax return calculator and see your accurate tax refund estimate:
Next, go ahead and add your other income or deductions. Keep an eye on the top right hand corner and watch as the tax return calculator updates which each new item you add to the return. The sophisticated Etax 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 tax refund calculation and then finish their tax return in just minutes. Try it out now!
Why not use the ATO’s basic tax refund calculator?
The ATO’s online tax calculator is a basic program that calculates an approximate or ‘ball park’ 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 tax return 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 Return 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, and make any suggestions regarding further deductions or errors. You will then receive an accountant-checked final estimate. If any details or claims have changed, your final estimate may differ from the automated tax return calculator’s estimate (but the final figure prior to lodgement will be the most accurate possible estimate).
To start using the tax return 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 your refund!