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Excel spreadsheet for calculating Income Tax inc. deductions, distributions etc.

Discussion in 'Accounting, Tax & Legal' started by PennyWise, 25th Jun, 2012.

  1. PennyWise

    PennyWise Member

    Joined:
    26th Jun, 2007
    Posts:
    24
    Location:
    Sydney
    Hi All,

    Does anyone have or can point to where I can find and download an Excel spreadsheet template for calculating Taxable Income with ATO tax scales that includes cells for deductions, distributions, interest, franking credits etc.

    Any suggestions would be greatly appreciated.

    Kind regards,

    PW
     
  2. GregR

    GregR Reid Consultants

    Joined:
    13th Jul, 2009
    Posts:
    273
    Location:
    Berwick Vic
    ATO website has an income tax calculator.
    Also look under the Investor Resources and Tools in the Forum, you may find what you are looking for there. The last version was for 0910 but you should be able to easily change the Tax Table brackets for the current year.

    Greg
     
  3. PennyWise

    PennyWise Member

    Joined:
    26th Jun, 2007
    Posts:
    24
    Location:
    Sydney
    Hi Greg,

    Thanks for that info.

    There does seem to be a couple in that forum for previous financial years that hopefully should be easily updatable.

    Regards,

    PW