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Welcome! This tool helps you estimate your tax outcome for the 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 ()
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)
Changelog
Version 1.5.4
- Fixed: Removed debug
console.logstatements from WFH asset removal flow. - Fixed: Date validation in depreciation calculations now rejects
null,undefined, and malformed strings, preventing silent NaN deductions. - Fixed: Depreciation schedule returns
"Invalid date"(rather than blank) for assets with a missing or malformed purchase date. - Fixed: Numeric form inputs (cost, work %, effective life) are clamped server-side — negative values can no longer bypass browser
minattributes. - Fixed: WFH hours CSV import rejects dates outside 2000–2100 to prevent absurd date entries.
- Fixed: Manually logging WFH hours on an already-logged date now accumulates minutes on the existing entry rather than creating a duplicate row.
- Improved: JSON import error messages now distinguish parse errors from structural validation failures and include actionable guidance.
- Improved:
localStoragequota exceeded is now detected and reported with a clear "export and clear old years" prompt. - Improved:
StorageManagernotification callback is now configurable viasetNotifyCallback(fn), decoupling storage from UI for testability. - Added: 202-test Jest suite (up from 190) — new suites for multi-property WFH, date validation, and invalid-date schedule handling.
Version 1.5.3
- Added: Multi-property support in WFH Actual Cost Method — add a separate period for each address when you move mid-year, each with its own floor area and running expenses. Totals are summed automatically.
- Improved: Depreciation schedule column now shows financial year labels (e.g. 2024-25, 2025-26) instead of Y1/Y2, bolds the current year's claim, and shows a pro-rata note on partial-year entries (e.g. "330/365 days · 100% DV/yr") explaining why the first year is less.
- Improved: Depreciation schedule now shows the residual balance year for assets with effectiveLife=1 purchased mid-year, so the carry-forward amount is visible.
- Added: 190-test Jest suite (up from 187) with additional schedule label and highlight tests.
Version 1.5.2
- Fixed: Critical — Diminishing value depreciation carry-forward (year 2+) was overclaiming significantly for assets purchased mid-year. The prior-year opening value now correctly pro-rates the acquisition year before rolling forward, matching ATO methodology.
- Fixed: Diminishing value for effectiveLife=1 assets was claiming 200% in Y1 (e.g. a $435 GPU showed $784 deduction). Deduction is now correctly capped at 100% of the written-down value.
- Added: 187-test Jest suite with carry-forward regression tests covering real-world asset scenarios.
Version 1.5.1
- Fixed: Critical — Medicare Levy family thresholds corrected to legislated 2024-25/2025-26 values ($45,907 lower / $57,383 upper / $4,216 child adjustment) per Treasury Laws Amendment (More Cost of Living Relief) Act 2025. Families with 2 dependent children on ~$50k income were incorrectly charged ~$154 in levy.
- Fixed: PHI rebate period keys were hardcoded to 2024-25 strings, returning wrong rates for 2025-26. Keys are now resolved dynamically, making the calculation year-agnostic.
- Fixed: 2025-26 PHI rebate rates updated to confirmed values per Dept of Health PHI Circulars 21/25 and 12/26.
- Fixed: 2025-26 MLS tier caps corrected — single Tier 1 ($117k→$118k), Tier 2 ($155k→$158k); family Tier 1 ($234k→$236k), Tier 2 ($310k→$316k).
- Added: 183-test Jest unit test suite covering all calculation logic with >99% statement coverage and CI integration via GitHub Actions.
Version 1.5.0
- Added: Multi-year support with a year selector dropdown in the header. Users can switch between 2024-2025 and 2025-2026 (and future years) with independent data storage for each year.
- Added: Automatic year detection on startup: saved preference → most recent year with data → latest available year.
- Added: 2025-2026 tax configuration including updated MLS thresholds ($101,000 for singles, $202,000 for families).
- Added: Dynamic PHI period labels that update automatically based on the selected financial year.
- Refactored:
constants.jsrestructured with year-keyed TAX_CONFIG object for easier maintenance. AddedloadConstantsForYear()for dynamic constant loading. - Refactored:
storage.jswith dynamic storage key generation and year detection functions (getYearsWithData(),detectDefaultYear(),saveActiveYearPreference()). - Refactored:
app.jsdeferred data loading to init() phase. Added year change event listener. - Refactored:
ui.jsaddedpopulateYearSelector(),updateFinancialYearDisplays(), andminutesToTimeString()functions. - Improved: Each financial year maintains completely independent data. Switching years preserves all data for each year.
- Improved: JSON imports now automatically switch to the year specified in the imported file. Export filenames include the current financial year.
- Improved: Clear data operation only affects the active financial year, preserving data in other years.
- Backward Compatible: Storage keys preserved (
aussieTaxHelperData-2025for 2024-25). All data migrations continue to work.
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.