Tax return calculator Australia 2025-26
Tax on $80,000 is $14,788.00 plus $1,600.00 Medicare levy, which is $16,388.00. Your employer withheld $17,000.00, so $612.00 should come back.
An estimate for a simple return: salary income, deductions and the offsets everyone gets. Investment income, franking credits and other offsets are not included.
Your assessment, line by line
| Line | Amount |
|---|---|
| Income | $80,000.00 |
| Deductions | −$0.00 |
| Taxable income | $80,000.00 |
| Tax on taxable income | $14,788.00 |
| Low income tax offset | −$0.00 |
| Medicare levy | $1,600.00 |
| Medicare levy surcharge | $0.00 |
| HECS-HELP repayment | $0.00 |
| Tax payable | $16,388.00 |
| Tax withheld | −$17,000.00 |
| Refund | $612.00 |
Tax rates 2025-26 (Australian residents)
| $0 to $18,200 | 0% |
| $18,201 to $45,000 | 16% |
| $45,001 to $135,000 | 30% |
| $135,001 to $190,000 | 37% |
| over $190,000 | 45% |
| Medicare levy | 2% |
| Super guarantee, paid by your employer | 12% |
Quick answers
How is my tax refund worked out?
Tax on your taxable income, less the low income tax offset, plus the Medicare levy, any surcharge and any HECS-HELP repayment, compared with the tax your employer withheld. Withheld more than you owe: refund. Less: a bill.
Do deductions come off my tax or my income?
Off your income. $2,000 of deductions on $80,000 cuts your taxable income to $78,000 and your tax and Medicare levy by $640, so your refund grows from $612 to $1,252.
When is my tax return due?
If you lodge it yourself, by 31 October after the end of the financial year. A registered tax agent can usually lodge later; check with them.
Sources: ATO, tax rates for Australian residents; low income tax offset; Medicare levy; Medicare levy surcharge; study and training loan repayment thresholds. Checked 31 Oct 2026.