This calculator will help to work out your pay as you go (PAYG) instalments for the current financial year. You can use it to work out your instalment amount or rate to:
- vary your instalment amount or rate if it does not reflect your current financial circumstances
- voluntarily enter PAYG instalments.
Enter your financial details for the year, including your estimated income and expenses, and the calculator provides an instalment amount or rate based on your estimates.
When you estimate your income, don’t include any amounts you’ve received or tax withheld under the First home saver super (FHSS) scheme.
Calculator for individuals
This calculator will not provide accurate results for:
- non-residents (of Australia) for tax purposes
- individuals under the age of 18
- individuals with a substituted accounting period (that is, a financial year other than 1 July – 30 June)
- special professionals who apply the income averaging rules
- primary producers who apply the income averaging rules.
Your actual income tax payable will be determined when you lodge your tax return.
Next steps
Calculator for companies
This calculator will not provide accurate results if:
- the company is a special entity, or
- the financial year is other than 12 months, such as transitioning to or from a substituted accounting period or a mature consolidated group.
Your actual income tax payable will be determined when you lodge your tax return.
Next steps:
Calculator for super funds and self-managed super funds
This calculator will not provide accurate results if the financial year is other than 12 months, such as transitioning to or from a substituted accounting period.
Your actual income tax payable will be determined when you lodge your tax return.
Next steps
This calculator will help you work out your PAYG instalments for the current financial year. The calculator provides an instalment amount or rate based on your estimates.