Get the right outcome at tax time
Avoid a tax bill
To avoid a tax bill, you can use the simple tax calculator on the ATO website to estimate how much tax you are likely to pay. You may not have enough tax being withheld from your income or payments, or you may earn income from more than one place.
Find out about paying tax on multiple sources of income and how to prevent a tax bill on the ATO website.
Government payments and allowances
If you get a payment or allowance from Centrelink, you should advise when your circumstances change. Find out about changing your circumstances with Centrelink on the Services Australia website.
You can have tax deducted from eligible Centrelink payments to help avoid a tax bill. Find out how to deduct tax from your payments on the Services Australia website.
Study loans
If you have a study loan from the Australian Government, check if you’ll need to start repaying it. Work out how much you may have to repay in your tax with the study and training loan repayment calculator on the ATO website.
Child Care Subsidy and Family Tax Benefit
Update your Child Care Subsidy and Family Tax Benefit family income estimate on the Services Australia website.
You can change your withholding percentage for Child Care Subsidy on the Services Australia website.
Child Support
Make sure all your child support details are right, and update your income or child support income estimate. Find out how to manage your child support on the Services Australia website.
Private health insurance income threshold
If your family’s income has changed, you may need to tell your private health insurer so you get the right rebate. To see if your rebate level has changed, use the private health insurance rebate calculator on the ATO website.
Keep records
Keep records of your work-related expenses. Deductions you can claim depends on the work you do. Check what you may be able to claim with the occupation and industry specific guides on the ATO website.
Work out your capital gains or losses and keep records with the capital gains tax record keeping tool on the ATO website.