The ATO produce tax calculators to help you work out your tax refund or debt estimate for previous years. You can use these to estimate your tax payable and also calculate your:
- Medicare levy
- Medicare levy surcharge
- Higher Education Loan Program (HELP)/Trade Support Loan (TSL) repayment
- Student Financial Supplement Scheme (SFSS) repayment
- any tax offsets that may apply.
Check out the ATO Complex Tax Calculator website.