Posted by Tax Advisor on 18 June, 2014
Use the E-Lodge Tax Calculator 2015 to See Your tax refund or tax due
As the Australian tax season quickly approaches, the anticipation of your expected tax refund or tax due may be growing by the day.
The unknown number might be lurking around in your mind. You might even have a few sleepless nights trying to calculate it all out in your head.
Instead of anxiously wondering what your tax due or tax refund total is, you can see the actual number rather than attempting to guess.
How to Calculate Your 2015 Taxes
To learn how much your tax refund or tax due will be this year you have two options;
- Use 2014-2015 tax return calculator
- Prepare your tax return
Option 1: Use the E-Lodge Australian Tax Calculator
Time involved: 2-5 minutes
The first option is the easier, less-time consuming option of the two. Using a tax return calculator will give you a quick estimate of what your tax refund or tax due will look like.
Not only does the tax calculator give
you a quick glance at your tax refund or tax liability, but you also won’t have to sign into an account or enter unnecessary personal information. You’ll simply enter the following information;
- Gross taxable income
- Tax Withheld
After entering your personal information, simply answer questions about other items that might affect your tax situation such as your; reportable fringe benefits, employer superannuation contributions, marital status, and number of dependents.
Option 2: Prepare your Tax Return
Time involved: 10-45 minutes
The second option-to actually prepare your taxes – will provide you with a precise number. Deciding to go ahead and prepare your taxes, the E-Lodge application will take into account all of your tax information and give you the exact amount of your tax refund or tax due.
With E-Lodge you can get started for free, enter your information, view your refund or tax due amount and log-out. Then, when you’re ready to checkout, you can log back in and submit your tax return! To see what our current customers have to say about their experience with us, click HERE .
It’s Easier With E-Lodge™