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Tax Tools

by HillCo on Feb 3, 2012

The various tools which will help you to calculate the tax you owe on your taxable income.
It will not calculate any: Medicare levy surcharge , Higher education contribution scheme (HECS),or
Student financial supplement scheme (SFSS) liabilities you may have. The tools which can also used for an estimate of your tax refund or debt for the 2003-04 and 2004-05 income years.
It will estimate your tax payable and will also calculate: Medicare levy surcharge, Higher Education Contribution Scheme (HECS) debt, Student Financial Supplement Scheme (SFSS) debt, and any tax offsets that may apply.

The tool which will provide an estimate of your Medicare levy, taking into account any entitlement to a reduction or exemption. The Medicare levy surcharge will also be calculated if applicable.

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