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