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☆ Calculations for 2011-2012 and 2012-2013 Financial Year ☆
Quickly compare how much tax you will pay and your take home pay for multiple scenarios.
Example scenarios
☞How much will I benefit with a 5% pay rise.
☞How much difference if I work less hours per week.
☞How much difference if I work overtime.
☞Compare results across different financial years.
Specially designed for contractors or casual workers who are paid hourly or daily rates. Also caters for permanent workers who earn a salary.
Tax compare takes in the following details:
➡annual income for salary earner Or
➡contractor / casual rates
➡Deductions to reduce your taxable income
➡average weekly overtime worked per week
➡Income inclusive or exclusive of superannuation
Calculations used are based on official ATO tax rulings
➡Non Resident Tax Rates
➡HECS/HELP debt
➡SFSS
➡Medicare Levy
➡Private Health insurance (Medicare Surcharge)
➡Relationship status - single or couple
➡Number of dependants
➡Combined income
➡Low Income Offset
➡Flood Levy
Reports
➡Income summary table by week, fortnight, month and per annum and can be emailed as CSV.
➡Shows you the amount of Tax you are paying in each Tax Bracket.
➡Percentage breakdown of where your income goes.
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