Australian Tax Instalment Calculator

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AUSTRALIAN TAX INSTALMENT CALCULATOR

INSTRUCTIONS

This calculator is designed for Australian use only. It collects basic information about an employee and then displays the gross earnings, amount of tax instalment deductions and net pay for that employee.

The payee's name field is optional, but you may find it useful if you want to print the result.

The answers to most of these questions can be found in the Employment Declaration completed by the employee.

The answers to Medicare questions can be found in the Medicare Levy Variation Declaration, which is also completed by the employee.

If the employee has not completed a Medicare Levy Variation Declaration you can ignore the Medicare questions.

If you make a mistake you can clear all entries by clicking on the Reset button.

When you have completed all questions, select the appropriate period of payment (Weekly, Fortnightly, or Monthly) and then click on the Calculate button.

If the employee has a HECS debt then an additional instalment will be deducted.

You may print the resulting report when finished.

Your results will open in a new window. Close this window to return to the calculator.

Payee's Name (optional):


Has the payee provided a Tax File Number (TFN) ?	Yes No
If the payee has not provided a TFN,is the payee exempt from needing a TFN?	Yes No
Is the payee an Australian Resident?	Yes No
Has the payee claimed the Tax Free Threshold?	Yes No
Amount the payee claimed for Rebates and Family Tax Benefit?	$

Medicare levy variation
Payee claiming exemption or variation from the levy?	No Half Full

Payee claiming reduced amount of levy?	Yes No
Does the payee have a spouse?	Yes No
Combined income less than applicable amount in Ready Reckoner?	Yes No
Number of dependent children claimed?:


Miscellaneous
Payee entitled to annual leave loading?	Yes No
Payee receives payments :
Gross earnings (for the period selected below)? Disregard any cents in the total amount, unless a monthly amount. (Please do not use commas)	$
Does the payee have a HECS accumulated Debt?	Yes No

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Last modified: 19 July, 2002

AUSTRALIAN TAX INSTALMENT CALCULATOR

Medicare levy variation

Miscellaneous