Your Income & Deductions
$
$30k$300k
Work Deductions
$
$
$
$
$
$
$
$
$
Max $30,000 per year. Taxed at 15% inside super vs your marginal rate outside.
Your Tax Picture
Estimated Tax Saved
$—
by claiming your deductions
Gross income—
Total deductions—
Super contributions—
Taxable income—
Tax without deductions—
Tax with deductions—
Medicare levy (2%)—
Total tax payable—
Take-home income—
⚠️ Based on 2024–25 ATO individual tax rates for Australian residents. Excludes offsets, HELP debt, and other levies. Use as a guide only — consult a registered tax agent.
💡 Tips to Maximise Your Tax Return
Use a 12-Week Logbook
For vehicles, a 12-week ATO logbook establishes your business use percentage for 5 years — potentially worth thousands in deductions.
Instant Asset Write-Off
Check the current ATO threshold. If eligible, you can deduct the full cost of tools and equipment in the year of purchase rather than depreciating over years.
Max Your Super
The $30,000 concessional cap is taxed at 15%. If you're in the 32.5% bracket, every $1,000 into super saves you ~$175 in tax.
Pre-Pay Expenses
If you expect higher income next year, pre-paying expenses like insurance or subscriptions before June 30 brings deductions into the current year.
⚠️ Calculator Disclaimer: This calculator uses 2024–25 individual resident tax rates and does not account for LITO, LMITO, HELP repayments, offsets, or your specific circumstances. It is intended as an educational estimate only — not tax advice. Always consult a registered tax agent for your actual tax position.