Tax Return Calculator Australia
Quick refund estimator for the 2024-25 financial year.
Last updated: January 2025 · Built for the 2024–25 financial year
Inputs
Results
Estimated amount owing
$488
Total deductions
$0
Taxable income
$85,000
Total tax payable
$17,988
Common Australian deductions
- Working from home expenses (67c/hour fixed method)
- Motor vehicle expenses (logbook or cents-per-km)
- Uniform & laundry (compulsory or protective only)
- Self-education for your current job
- Tools and equipment under $300
- Donations to DGR charities (over $2)
- Tax agent fees
- Income protection insurance premiums
Results are estimates only. For financial advice, consult a licensed adviser.
Overview
Estimate your refund (or tax bill) for FY25
A tax return reconciles tax already withheld (PAYG) against your actual liability. If too much was withheld, you get a refund; if not enough, a bill. The 2024-25 average refund is ~$2,800.
Claimable deductions are the easiest legal way to lift your refund: home office, work-related vehicle, professional memberships, education, tools, donations and income protection.
Formula
Refund formula
Refund = PAYG withheld − (Income tax + Medicare + MLS + HECS) + offsets
FY25 tax-time changes
| Factor | Detail |
|---|---|
| Stage 3 cuts | 30% bracket replaces 32.5% — most full-time workers get more. |
| WFH 67c/hr | Fixed-rate covers electricity, internet, phone, depreciation. |
| Vehicle 88c/km | Up to 5,000 km — no log book required. |
| EV instant deduction | Continues for FBT-exempt EVs under LCT threshold. |
Pro tips
- •Lodge through MyTax — pre-fill is usually 100% accurate by mid-August.
- •Photograph receipts immediately — ATO accepts digital copies.
- •Don't claim deductions you can't substantiate — ATO data-matches employer-reported income.