This calculator will help you work out your PAYG instalments for the current financial year. You can use it to work out your instalment amount or rate if you wish to:

  • vary your instalment amount or rate if it does not reflect your current financial circumstances
  • voluntarily enter PAYG instalments.

Enter your financial details for the year, including your estimated income and expenses, and the calculator will provide an instalment amount or rate based on your estimates.

This calculator will not provide accurate results for:

  • non-residents (of Australia) for tax purposes
  • individuals under the age of 18
  • individuals with a substituted accounting period (ie a financial year other than 1 July – 30 June)
  • special professionals who apply the income averaging rules
  • primary producers who apply the income averaging rules.

Your actual income tax payable will be determined when you lodge your tax return.

Next steps:

PAYG instalments individuals calculator

Submitted by: Mason Pun – Accountant – email Mason

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