Tax Position Dashboard

Your tax position

The Tax section gives you a real-time estimate of your tax position for the current financial year. It's designed to help you plan ahead — no surprises at tax time.

What you'll see

Estimated taxable income

Based on your income transactions (salary, dividends, interest, rental income, etc.), Finance Frank calculates your total estimated taxable income for the financial year.

Estimated tax payable

Using current Australian tax brackets, Finance Frank estimates how much income tax you'll owe. This includes:

• Marginal tax rates
• Medicare levy (2%)
• Low-income tax offset (LITO) where applicable

Deductions

Any transactions categorised as work-related or deductible are subtracted from your taxable income. See Deduction Tracking for more.

PAYG withholding

If you've recorded PAYG amounts withheld by your employer, Finance Frank shows your expected refund or amount owing.

How it works

The tax dashboard uses the current financial year (1 July – 30 June) and projects based on your data so far. The more complete your transaction data, the more accurate the estimate.

This is an estimate only and should not be treated as tax advice. Always consult a registered tax agent for your actual tax return.