Free tool · 2026–27 rates · updated for the new 15% bracket
Australian Tax Refund Calculator
Estimate your 2026–27 income tax and refund in seconds — using the legislated new rates, Medicare levy, the low income tax offset and HELP repayments. Free, no sign-up.
| Taxable income | – |
| Income tax (2026–27 rates) | – |
| Low income tax offset | – |
| Medicare levy | – |
| HELP repayment | – |
| Total tax & levies | – |
| Effective rate / marginal bracket | – |
Refund smaller than you'd like?
The estimate shows the maths. A CPA finds the missing pieces.
Deductions you didn't know you had, records that unlock them, and planning that happens before June 30 — that's the difference between an estimate and a good outcome. Start with our free 3-minute Money Health Check, or book a conversation.
Book a consultationAssumptions: Australian tax resident for the full 2026–27 year; legislated resident rates including the 15% bracket for $18,201–$45,000; Medicare levy at 2% with the low-income reduction; low income tax offset; HELP repayments under the marginal repayment system. Excludes the Medicare levy surcharge, private health rebate, other offsets and non-resident rates. Medicare levy and HELP thresholds shown use the most recently published figures and may be indexed for 2026–27. This calculator provides general information only — it is not tax advice, and your actual assessment depends on your circumstances. SML Bookkeeping & Tax — CPA practice & registered tax agent.