Ato Income Tax Calculator 2024. Use the income tax estimator to work out your tax refund or debt estimate. But if you earn more, it decreases by 5% for incomes up to $45,000 where it is reduced to $325 and then decreases by 1.5% for incomes above $45,000.
Australian income tax excel spreadsheet calculator. The above rates do not include the medicare levy of 2%.