Tax Return Calculator

Tax Return Calculator

Lodge Your Tax On Time
with Online Tax Return System

Multi-language

We provide multilingual services, including English, Korean, Chinese, Mongolian, and Hindi. You can choose your native language for your services to prevent any misunderstanding due to language ambiguity.

Friendly to New Taxpayers

In the online tax return system, every single proprietary tax term will be well-explained. Even if you are new to Australian Tax return and unfamiliar with Australian tax laws, We ensure that you can understand all the questions.

Choose Your Style

We have customized various tax return plans according to users’ preferences, offering options for more comprehensive questionnaires to achieve better results or streamlined questionnaires for a quicker filing process.

We do not lodge your tax return
until you satisfied with the result

What is a tax return in Australia?

In Australia, a tax return is a form that individuals and businesses must complete and submit to the Australian Taxation Office (ATO) at the end of each financial year. The tax return is used to report income earned during the financial year and to claim any deductions or tax offsets that the taxpayer is entitled to.

What happens if I miss the deadline for lodging my tax return?

If you miss the deadline for lodging your tax return in Australia, you may be subject to penalties and interest charges. The penalty for failing to lodge on time is calculated at the rate of one penalty unit for each period of 28 days or part thereof that the return is overdue, up to a maximum of five penalty units.

How to lodge my tax return online?

To claim your tax refund, please use online tax return system. It will explain to you in detail those difficult tax terms and guide you step by step to fill in the necessary information. All irrelevant questions will be skipped, and it will complete your tax refund as quickly as possible.

Why Choose TAX123

Tax123 is a professional online tax return platform in Australia. For the past ten years, we have been assisting a large number of taxpayers, both online and offline, in completing their tax returns.

10

Years

of professional experience on Australian tax return

2859

Customers

trusted our service and return to us every year

8525

Tax Returns

have been done by us either online or offline

You may wonder why choose TAX123 online tax return instead of myGov. In fact, 70% of Australian taxpayers opt for professional accountants or accounting agencies to handle their tax returns, while only 30% choose to do it themselves. Because tax return is a complex task for individuals without tax knowledge. myGov does not analyze your tax situation, inform you about eligible deductions, or alert you if any information you provide could have legal consequences. Moreover, it does not help you maximize your tax refund. At TAX123, our accountants manually review all the information you provide to ensure your tax return complies with Australian tax laws. We strive to protect your rights and entitlements within the limits set by the law, while also maximizing your tax refund.

Interested in Taxes?

Stay up-to-date with the latest developments in the tax industry. Discover practical tips, expert insights, and current information on tax regulations and policies through our regular updates.

What You Need to Know About the Stage 3 Tax Cuts and Your Tax Return

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Content What is Stage3 Tax Cuts Summary of proposed changes Tax cut calculator What is Stage3 Tax Cuts Beginning on July 1st 2024, most Australian taxpayers will see reductions in their tax obligations thanks to the stage 3 tax cuts. By…
Why can't claim commuting costs as travel expense in tax return?

Why commuting costs can’t be claim as a travel expense in tax return

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The key reason is that under Australian tax law, normal trips between home and your regular place of work are considered private commuting travel expense in tax return rather than work-related travel. In this article, I will introduce the right…

Why overseas student can’t claim self-education deduction in tax return?

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As a tax agency that has been in operation for over ten years, we handle a large volume of tax return cases every year. We have seen a lot of common mistakes made by younger taxpayers, for example, international students incorrectly claiming…

Income Tax Calculator – How to estimate my tax refund?

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Estimating income tax in Australia is complicated, you can use our Australia income tax calculator below to estimate your tax return amount: Calculate tax without income tax calculator If you want to calculate yourself, here's…

What is the Medicare levy Exemption in online tax return?

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The Medicare levy is a tax imposed by the Australian government to help fund the country's public healthcare system, which is known as Medicare. It‘s a percentage-based levy applied to the taxable income of most individuals and families in…

How investment property benefits in tax return?

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In Australia, you can generally claim deductions for expenses related to your investment property against the rental income you receive.  https://www.youtube.com/watch?v=v_MzN9jHb9Q Investment Property You can claim a deduction…

Contact Us

Easily schedule an appointment with our professional accountants. If you have any tax-related issues, please feel free to contact us and seek our assistance.

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