Taxgebra — Australian Tax Optimiser

Disclaimer & Terms of Use

Taxgebra · AU Tax Optimiser · FY 2026–27

What You Are Paying For

The tax calculation engine — income tax, Medicare levy, MLS, LITO, franking credits, Division 293 & 296 — all computed using ATO-verified rates and thresholds. This is software, like paying for a calculator or spreadsheet template. You are not purchasing financial advice.

General Information Only — Not Financial or Tax Advice

Tax calculations are paid software. Optimisation ideas are free and educational. All recommendations, strategy prompts, and estimates shown in this tool are general information only — they are not personalised financial advice, tax advice, or legal advice under any applicable law.

Taxgebra does not take into account your individual objectives, financial situation, or needs. Results may vary based on your personal circumstances.

Always Consult a Registered Professional

Always consult a registered tax agent or licensed financial adviser before acting on any information shown in this tool. Taxgebra is not a registered tax agent and does not hold an Australian Financial Services Licence (AFSL).

Find a registered tax agent at tpb.gov.au · Find a licensed financial adviser at moneysmart.gov.au

Your Data Never Leaves Your Device

All data is saved locally in your browser using localStorage. No account is required. No data is sent to any server. You can export your data at any time from the Export menu.

Pricing — Simple and Flat

7-day free trial — no credit card required.
After trial: $49/year Individual · $499/year Accountant.

ATO rates and thresholds are current as of July 2026 and updated with each ATO release.

By clicking "I Agree" you confirm that:

You have read and understood this disclaimer
You understand this tool provides general information, not professional advice
You will consult a registered professional before acting on any information

Actual Forecast

No data yet

Add monthly actuals to see your real forecast
Based on what you've actually earned & paid

Tax Savings Available

FY 2026–27 · — days remaining to act

Marginal Rate

—

Est. Tax Bill

—

Super Cap Used

—

Super Cap Left

$—

of $32,500 cap · $0 used

Potential Saving

$—

via salary sacrifice

What to do next

Estimates only · Not financial advice · Consult a registered tax agent before acting

About You

Step 1 of 3 — Takes about 60 seconds

Your Details

This is all we ask before reading your documents

Full Name

Date of Birthⓘ

State

Filing Status

Tax Residency

Standard Australian resident tax rates apply

Job Title (optional)ⓘ

Read Your Documents

Step 2 of 3 — Taxgebra reads your documents so you don't have to enter everything manually

📂

Now let's read your documents

Select your Downloads or tax folder — Taxgebra's built-in parser scans your PDFs, identifies each document, and pre-fills your profile. Everything runs in your browser. Your data goes nowhere.

Your files never leave your device — everything is read directly in your browser.

Document Coverage

Step 2b of 3 — Verifying your document coverage for the financial year

Your Deductions

Step 3 of 3 — Stage 1: Confirm what you can claim

🤖

Finding deductions for your role…

This takes a few seconds

Property & Investments

Step 3 of 3 — Stage 2: Do you have any of these?

Adding these now means Taxgebra can calculate your net position, negative gearing benefits and CGT position automatically.

Your Taxgebra profile is ready

Step 3 of 3 — Stage 3: Here's what we know about your tax position

All your strategies, ranked by saving · Personalised to your profile

Income

Household

Deductions

SMSF

Investments

Other Inc.

Property

Income & Tax

Salary and employment income — FY 2026–27

Personal Details

Full Name

Date of Birthⓘ

Tax residency status

Standard Australian resident tax rates apply

State

Filing Status

Job Title / Occupation

Employer Name

Employment Income

How are you entering your income?

Have monthly payslips? Upload them in for the most accurate income tracking.

Open your ATO Income Statement

myGov → ATO → Employment → Income statements → FY2026-27

Enter the totals from the bottom of the page. Taxgebra annualises automatically.

Financial Year

YTD Gross Income called "Total gross amount" on ATO

Tax Withheld YTD called "PAYGW amount" on ATO

Employer Super YTD "Employer superannuation contribution liability"

Months elapsed this FY Jul=1, Aug=2, Sep=3, Oct=4 …

How many months of the financial year does this statement cover? (Statement taken 30 Sep = 3)

Reportable Employer Super (RESC) 0 if blank on ATO

Reportable Fringe Benefits 0 if blank on ATO

Enter from your latest payslip

Use the YTD totals from your most recent payslip — those are the figures that matter for tax. Monthly figures are optional and used to verify.

Financial Year

Pay Period / Month

YTD Totals (from payslip)

YTD Gross Income

Tax Withheld YTD

Employer Super YTD

This Period (optional)

Monthly / Period Gross

Tax Withheld This Period

Super This Period

Reportable Employer Super (RESC)

You need your ATO Income Statement — not your payslip

myGov → ATO → Employment → Income statements → FY2026-27

Each employer resets YTD to zero. The ATO Income Statement combines all employers into one total. Enter the combined totals from the bottom of that page.

Financial Year

YTD Gross — all employers combined "Total gross amount" at bottom

Tax Withheld YTD — all employers "Total PAYGW" at bottom

Employer Super YTD — combined

Months elapsed this FY

Gross Annual Salary

Tax Withheld (full year estimate)

Employer Super (annual)

Reportable Fringe Benefitsⓘ

Reportable Employer Super (RESC)

Other Taxable Income interest, freelance, rental

Bonus / One-off Payment annual, expected this FY

Trust Distributions

Law change: 30% minimum tax from 1 July 2026.

Income

Household

Deductions

SMSF

Investments

Other Inc.

Property

Household

Spouse details affect MLS family threshold and tax offsets

Household Setup

Filing Status

Dependent Childrenⓘ

Income

Household

Deductions

SMSF

Investments

Other Inc.

Property

Deductions

Work-related expenses that reduce your taxable income

ATO rule: Only claim what you can substantiate — keep receipts for anything over $300. Every dollar of deductions reduces your taxable income, not your tax bill directly. At 32.5% marginal rate, a $1,000 deduction saves $325 in tax.

Salary Packaging

Pre-tax benefits that reduce your assessable income

NFP / Hospital / Charity Packaging (living expenses)ⓘ

NFP Meal Entertainmentⓘ

Leave Purchase Schemeⓘ

Investment Loan Interest (margin loan)ⓘ

Car Expenses

Work-related travel between job sites, client visits or carrying heavy equipment — claimable by all employees

Method

Business Kilometres (max 5,000)ⓘ

Planning to purchase a new vehicle in the next 12 months?ⓘ

Home Office

70c per hour — FY2026-27 fixed rate

Hours/Week from Home

Weeks Working from Home

Calculated Deduction

Other Deductions

Annual Mobile Billⓘ

Mobile Work Use %ⓘ

Annual Internet Billⓘ

Internet Work Use %ⓘ

Work Travelⓘ

Work Clothing & Laundryⓘ

Work Tools & Equipmentⓘ

Software Subscriptionsⓘ

Self-Educationⓘ

Seminars, Conferences & Networkingⓘ

Industry Journals & Researchⓘ

Union Fees & Professional Membershipsⓘ

Prior Year Tax Agent Feeⓘ

Donations to DGR Organisationsⓘ

Investment Fees & Brokerageⓘ

FIFO / Working Away from Homeⓘ

Other Work Expensesⓘ

Add a receipt to link it to your deductions and track against active strategies.

Total Deductions

Enter your amounts then tap Estimate

Income

Household

Deductions

SMSF

Investments

Other Inc.

Property

Super & SMSF

Contributions, caps and carry-forward — FY 2026-27

Concessional cap: $32,500/yr for FY2026-27 (employer SG + salary sacrifice + personal deductible contributions). Excess is taxed at your marginal rate. If your total super balance was under $500,000 at 30 June last year, you may be able to use unused caps from prior years.

What type of super fund do you have?

Most Australians have an industry or retail fund (AustralianSuper, Hostplus, REST etc.)

Contributions This Year

Employer SG YTDⓘ

Salary Sacrifice YTD

Personal Concessional YTD

Non-Concessional YTDⓘ

TFN lodged with super fund

Super tax rate drops to 15% from 1 July 2026 (14% from 2027) — already legislated.

Income

Household

Deductions

SMSF

Investments

Other Inc.

Property

Share Investments

Personal portfolio outside SMSF

No share holdings added

Add your ASX shares and ETFs to track capital gains, franking credits and tax loss harvesting opportunities. Each holding takes about 30 seconds to add.

Unrealised Gains

Annual Dividends

Franking: $0

Income

Household

Deductions

SMSF

Investments

Other Inc.

Property

Other Income

Bank interest and other income sources

Bank Interest

Other Income

e.g. freelance, consulting, rental from a room, Airbnb

Profile complete

See your personalised tax optimisation plan — strategies ranked by saving for your situation.

Income

Household

Deductions

SMSF

Investments

Other Inc.

Property

Investment Property

Optional · Add if you own investment properties

Profile complete

See your personalised tax optimisation plan — strategies ranked by saving for your situation.

Tax Optimiser

Strategies for your situation — FY 2026–27

Bracket Drop

Push into a lower tax bracket — what it takes and what you save

Scenarios — Your Tax Position

Scenario	Taxable Income	Income Tax	Medicare	Total Tax	Take-Home	Saving

Progress to Threshold

$0 selectedGap: $—

Selected: $0 Target: $—

Plan A — Close the Gap

Ranked by impact — strategies to reach your bracket threshold

▼

Estimates only · Not financial advice · Consult a registered tax agent before acting

Living Forecast

FY 2026–27 · Actual ↔ Forecast · Jul–Jun

Actual (time elapsed)

Current month

Forecast (projected)

Estimates only · Not financial advice · Consult a registered tax agent before acting

Enter your super balance and contributions in the Super screen to see your cap tracker.

Sandbox Model

Model investment scenarios · see tax impact across 10 years · nothing touches your real forecast

Sandbox only — none of these numbers affect your tax forecast. Experiment freely.

Projection Assumptions (edit to customise)

Salary growth / yr

Rental income growth / yr

Property value growth / yr

Dividend growth / yr

Expense / interest growth / yr

Super returns / yr

Worst-case toggle (halves growth rates, adds 0.5% to expenses)

Good to Know — FY 2026-27

Prior Years

Use "Close FY" at 30 June to archive this year.

My Documents

All data extracted from your uploaded documents

Smart Read

Select a month · drop your documents · Taxgebra reads and recalibrates your forecast

—

Financial year · July 2026 – June 2027

Actual

This month

Forecast

After this update — revised forecast

—

Tax savings available

—

Days until 30 June

—

Active strategies

Documents

Does this receipt relate to an active strategy?

Files are read locally in your browser — nothing is uploaded

Before you start — please read

Your estimated opportunity