Aussie Tax Helper 2024-2025

Dashboard

Welcome! This tool helps you estimate your tax outcome for the 2024-2025 financial year.

Est. Taxable Income

$0.00

Est. Total Deductions

$0.00

Est. Tax Outcome

Calculating...

Use the navigation above to manage your income, expenses, and work-from-home details.

Remember to save your data regularly by exporting it, as all information is stored locally in your browser.

Income & Taxpayer Details

Taxpayer Details

Found on your income statement. Used for income tests.

Private Health Insurance

Enter details from your private health insurance statement to calculate your tax offset.

PAYG Income Statement
Other Income

Income Summary

Source Gross Amount Tax Withheld Actions
No income added yet.

Total Assessable Income: $0.00

Total Tax Withheld: $0.00

General Work-Related Expenses

Add New Expense

Logged Expenses

Description Date Cost Work % Method Deductible (This FY) Claim Schedule Actions
No general expenses added yet.

Total General Deductions: $0.00

Work-From-Home (WFH) Expenses

Choose your WFH calculation method:

Current Method: Not Selected

Log WFH Hours (Required for Fixed Rate)

CSV format: Day,Duration,Description (e.g., 10-06-2025,02:30,Work). The 'Time' column is treated as a duration in HH:MM format and summed for each day.

Total WFH Hours Logged: 0.00

Logged Hours Diary:

  • No hours logged yet.

Total WFH Deduction Claimed: $0.00

Tax Estimation Summary (2024-2025)

Total Assessable Income: $0.00
Total Deductions: $0.00
- General Deductions: $0.00
- WFH Deductions: $0.00
- Super Deductions: $0.00
Taxable Income: $0.00
Gross Tax on Income: $0.00
Medicare Levy: $0.00
Medicare Levy Surcharge: $0.00
Total Tax Offsets: $0.00
- LITO: $0.00
- Franking Credits: $0.00
- Private Health Insurance: $0.00
Net Tax Payable: $0.00
Tax Already Withheld (from PAYG): $0.00
Estimated Tax Outcome: $0.00 (Refund)

Support the Project

GitHub Repository

If you find this tool useful, please consider starring the project on GitHub! It helps a lot.

⭐ Star on GitHub

Changelog

Version 1.4.1

  • Refactored: Centralized the depreciation schedule generation logic into a single reusable function to eliminate code duplication and improve maintainability.
  • Fixed: Corrected a critical bug where the Medicare Levy for families was being calculated using the incorrect singles threshold. The calculation now accurately reflects family and dependent children adjustments.
  • Improved: The Work-From-Home (WFH) fixed rate displayed in the UI is now dynamically populated from the central constants file, ensuring consistency and easier maintenance.
  • Added: Updated Private Health Insurance (PHI) calculations to support the two separate rebate rate periods for the 2024-2025 financial year.
  • Added: The UI now includes separate input fields for PHI premiums paid during the July-March and April-June periods.
  • Improved: Enhanced data migration to ensure seamless backward compatibility for users upgrading from previous versions.
  • Fixed: Resolved a critical JavaScript error that occurred on page load due to an incorrect variable reference.
  • Fixed: Corrected a bug that prevented the new dual-period PHI premium data from being included in CSV exports.

Version 1.4.0

  • A special thanks to Anachronism59 for your detailed feedback and persistence in identifying the bugs. Your keen eye was crucial in making this version more robust and accurate.
  • Added: Edit functionality for PAYG and general expense entries.
  • Added: WFH Hours CSV Import.
  • Added: now support partial medicare exempt days
  • Improved: WFH hours now calculated with higher accuracy and displayed in HH:MM format.
  • Fixed: MLS calculation now correctly includes personal super contributions.
  • Fixed: Critical bug in Diminishing Value depreciation for 1-year assets.

Version 1.3.0

  • Added: Private Health Insurance (PHI) tax offset calculation.
  • Added: New expense categories: "Gifts & Donations," "Cost of Managing Tax Affairs," and "Income Protection Insurance."
  • Fixed: Depreciation calculation for "Diminishing Value" method now correctly uses the written-down value.

Version 1.2.0

  • Added: Choice between "Prime Cost" and "Diminishing Value" depreciation methods.
  • Added: Inputs for "Deductible Personal Super Contributions" and "Net Capital Gains."

Version 1.1.0

  • Added: Accurate Medicare Levy Surcharge (MLS) calculations for "Single" and "Family" statuses.
  • Added: Advanced taxpayer details for more complex scenarios.
  • Improved: Mobile navigation is now horizontally scrollable.