Free, and nothing changes on this page. Your estimate now, then three short follow-ups over the next week, and we stop. Unsubscribe in one click.
Everything is unlocked. Change one figure and run it again as often as you like. Nothing is deducted, nothing counts down, and none of it expires.
Took money out of your company? The clock is already running.
Drawings, a transfer, personal bills on the company card that nobody added up. Under Division 7A, that money is a loan to you. Unless it is repaid or put on a written loan agreement before your company's lodgment day, the whole balance is taxed as a dividend with no franking credit at all. And you still owe the company the money.
An accountant charges $200 to $350 an hour to work this out, at their next free appointment. This calculator does the maths in about three minutes. Your minimum yearly repayment, what a deemed dividend would cost, and every lawful way out priced side by side, so you can see the costly one before the deadline picks it for you.
A rough guide, assuming a 25% company rate and no property security. The full calculator asks a few more questions and prices every lawful option.
Sound familiar?
The rules are written for tax experts. The deadline arrives with no letter. And by the time anyone mentions it, the money is usually spent.
Your deadline is the company's lodgment day, and lodging the return early brings it closer, not further away. Nobody sends a reminder. Often the first you hear of "Division 7A" is when the return is almost due.
Each one is a real cost with a real number behind it. In plain words: a deemed dividend is money you are taxed on as if it were a dividend. The benchmark rate is the lowest interest the loan is allowed to charge. The distributable surplus is how much the company could legally pay out.
There is a rule for exactly that: section 109R. Pay the loan back planning to borrow it again, and the repayment does not count. The year end balance looks fine, and nothing has changed. Plenty of barbecue tax tips are already blocked by law.
That is the real question, and it usually takes a paid appointment to answer. Yet it is mostly maths: your tax rate, the company's tax rate, the published benchmark rate and the amount.
Type in what came out of the company and your other income. We apply the published Division 7A rules, work out every lawful way to deal with it, and put them in order. No appointment, no unexplained jargon, and nobody calls you afterwards.
About three minutes, and you will see your minimum yearly repayment and what doing nothing would cost. Free, with no card.
The cost of doing nothing
Same money, same kind of company, same income. The only difference: one of them put it in writing before lodgment day.
Both directors are examples. The maths is real: the - tax scale, the Medicare levy, the - benchmark interest rate the ATO published for this income year, the shortfall interest charge and the base penalty in section 284-90 of Schedule 1 to the Taxation Administration Act 1953. All of it is published, and the calculator applies it to whatever you enter.
Your three choices
| Guess What most people do |
Your accountant A registered tax agent |
Division 7A Calculator This calculator |
|
|---|---|---|---|
| What you pay | Nothing now, up to 47% later |
$200 to $350 an hour | $19 |
| Time to an answer | An afternoon of worrying | The next available appointment | About 3 minutes |
| Every lawful option priced | |||
| Every calculation shown | Usually not | ||
| Can tell you what to do |
The last row is on purpose. This is an information service. It is not licensed to recommend one option over another, so the report ranks them on one stated measure and stops there. For anything truly complicated, such as another company or trust in the chain (an interposed entity) or a dispute already under way, a registered tax agent is the right call. This report makes that hour go further, because your figures are already worked out.
Division 7A deadlines
Division 7A runs on deadlines. Miss one and the choice is made for you, at a price you did not pick, and you cannot go back and choose again.
Section 109D(6) sets it as the earlier of the day your company's return is due and the day it is actually lodged, so lodging early brings it closer. Before it, the money can be repaid or put on a complying loan agreement. After it, the whole balance is treated as a dividend taxed at up to -. See every Division 7A deadline.
If the loan is already on an agreement, the minimum yearly repayment must reach the company by the last day of the income year. A payment on 2 July counts for the next year, and the amount you missed becomes a deemed dividend for this one. These figures use the - schedule.
The benchmark interest rate is set for each income year. Your minimum repayment is worked out again at the new rate for the rest of the loan, and nobody writes to tell you. It went from - last year to this year's rate. Shortfall interest is running at -, and it is no longer tax deductible.
Free check vs full report
The free estimate shows roughly where you stand. The report gives you the exact numbers and puts every option in order, on your own figures, with every calculation shown so you can check it, question it or hand it to your accountant.
See a full sample report, free. It follows an example shareholder from start to finish, shows the open half exactly as a customer sees it, and lets you ask the assistant two questions.
How it works
If you can read a bank statement, you can use this. Simple mode asks only the questions that decide the answer. Advanced mode shows every assumption, so you can change any of them.
Your loan account balance, your other taxable income, the company's tax rate, and whether there is property to secure the loan. We never ask for your name, tax file number, ABN or bank details, because none of them change the answer.
Your minimum yearly repayment to the dollar, what doing nothing would cost, every lawful option named and explained, and what getting it wrong could cost, as a range.
$19 opens the full report: every option priced and ranked, so the costly one is obvious before the deadline. The repayment table and the dividend and loan split that costs least are in it too. PDF included, ready to hand to your accountant.
Part III Division 7A of the Income Tax Assessment Act 1936, the benchmark interest rate the ATO publishes for each income year under section 109N(2), and the 2026-27 individual and company tax rates.
No black box. Every figure in the report shows the maths behind it and the section of the law it comes from, so your accountant can check it in minutes.
We are not licensed to tell you what to do, and most people are missing the numbers, not an opinion. The report ranks the options and does not recommend one.
If the calculator cannot properly model your situation, or something goes wrong, tell us within 14 days and we will refund you. No forms, no argument.
Included with the report
Every report comes with an assistant that has read your report: your figures, your options, your numbers. It answers questions about it in plain English. It is not a search box or a help page. It knows what your report says because it has been given it.
An example of the kind of answer it gives, on the sample report's figures.
Price
Pay once. No expiry, nothing to renew, and we never keep your card. It opens the whole report and lets you run the numbers again as often as you like. That matters, because a loan account changes every year and the benchmark rate resets every 1 July.
Prices in Australian dollars. Pay securely through PayPal with a card or PayPal balance, no account needed. See a sample report before you decide.
Division 7A FAQ
It is the least you must repay each year to stop a Division 7A loan turning into a deemed dividend. The formula is in section 109E(6) of the Income Tax Assessment Act 1936 and uses the balance owing at the end of last year, this year's benchmark interest rate (8.77% for 2026-27) and the years left in the term. On a $200,000 loan with seven years to run that is about $39,432 a year.
Miss any part of it and only the shortfall, not the whole loan, becomes a deemed dividend for that year.
8.77%, up from 8.37% in 2025-26. The ATO sets it from the Reserve Bank's standard variable housing loan rate for owner-occupiers, taking the figure last published before the income year starts.
A complying loan has to charge at least that rate for every year after the year the loan was made, and the minimum repayment is worked out again at the current year's rate each time. That is why a loan written when the rate was 4.52% is now being repaid at today's rate.
You pay tax at your marginal rate, up to 47%, with no franking credit to reduce it. A deemed dividend is added to your taxable income and is unfrankable under section 202-45 of the Income Tax Assessment Act 1997, even though the company has already paid 25% on the profits the money came out of.
Shortfall interest at 7.43% a year can be added on the amended assessment, plus an administrative penalty of 25% to 75% of the shortfall. And the loan itself still has to be repaid.
No. On 10 June 2026 the High Court decided in Commissioner of Taxation v Bendel [2026] HCA 18 that an unpaid present entitlement owed by a trust to a corporate beneficiary is not, by itself, a loan for section 109D. The ATO accepted that in its decision impact statement of 26 June 2026 and is withdrawing the determination that said otherwise.
What has not gone away is Subdivision EA, which still applies where the trust lends to a shareholder of that company, and section 100A. The decision, explained.
No. Section 109R disregards a repayment where, at the time it was made, there was an intention to borrow a similar or larger amount back from the company. The provision exists for exactly that arrangement, and a payment on 29 June followed by a drawing on 2 July is the pattern it was written about.
It does not stop ordinary business banking. What it stops is a repayment made only so that the year end figure looks right.
No. This is an information service: it applies the published Division 7A rules to the figures you enter and shows what they produce, with every working visible. It ranks routes on one stated arithmetic measure and does not recommend one.
Whether the cash exists, whether the company has a distributable surplus, whether an interposed entity is involved and what your own agreements say are not in that measure. Your actual position is determined by the ATO on assessment and by the agreement and accounts your registered tax agent lodges.
Division 7A is a tax rule that treats money a private company pays or lends to a shareholder, or to someone connected to them, as a dividend. Unless it is repaid or put on a written complying loan before the company's lodgment day, it is taxed at the person's marginal rate with no franking credit. It sits in Part III of the Income Tax Assessment Act 1936. Division 7A, explained.
The main deadline is your company's lodgment day: the earlier of the day its tax return is due and the day it is actually lodged. So lodging early brings the deadline closer. Once a loan is on a complying agreement, each minimum yearly repayment must also reach the company by the last day of the income year, 30 June.
A complying Division 7A loan can run for at most 7 years, or 25 years if it is secured by a registered mortgage over real property. For the longer term, the property's value, less any debt secured over it first, must be at least 110% of the loan when the loan is made. Those are the only two terms allowed, and nothing longer.
Only the shortfall becomes a deemed dividend, not the whole loan. If the repayment was $39,432 and $25,000 reached the company, $14,432 is taxed as an unfrankable dividend. The loan carries on, and next year's repayment is worked out on the same balance over one fewer year, so it gets bigger. Sections 109Q and 109RB let the Commissioner help in limited cases.
No. Writing the loan off does not make it go away. Section 109F treats a debt that the company forgives for a shareholder or associate as a dividend, for the amount forgiven. The same applies to a debt that is released, waived, or simply not chased until it can no longer be recovered by law. The provision catches the informal versions as well as the formal one.
It depends on your income. A franked dividend costs the gap between your tax rate and the company's, so at low incomes it can even refund money. A complying loan costs your marginal rate on the interest only. At the top of the income scale the loan costs less tax, and a mix of the two regularly beats either one on its own. The comparison, worked through.
Before the deadline there are several lawful ways to deal with the money, and repaying it in full causes no tax at all if you have the cash. After it, section 109D has already treated the balance as a dividend, and paperwork done later does not undo it. Three minutes now could be the cheapest three minutes of your tax year.
No card. No sign up. Your estimate appears as soon as you finish.
See your minimum yearly repayment and what doing nothing would cost. Both free, the moment you finish.
Most Division 7A calculators stop at the repayment. This one also prices what the wrong answer costs you: the deemed dividend, the interest and the penalty. Then it puts every lawful way of dealing with it side by side, so you can see for yourself which one leaves you the most.
Figures as at -.
Your free Division 7A estimate
Everything above is free: your minimum yearly repayment, what doing nothing costs, and every lawful way to deal with it. What you have not seen yet is what each option costs, which one costs least, and your repayment for every year.
Use any email for your login, or leave it to use your PayPal one
And you can ask it questions. Your report comes with an optional assistant that has read it and explains any figure in plain English. It is given the amounts on your report, never your name or your email, and the conversation stays in your browser.
Your minimum yearly repayment, what doing nothing would cost, and a link that brings this run straight back. It will be waiting when you sit down with your accountant.
Your estimate now, then three short follow-ups over the next week, and we stop. Unsubscribe in one click. We never sell your address.
Before your lodgment day
Do nothing, and the money is taxed as a dividend at your own tax rate, with no franking credit, and you still owe the loan. The full report prices every lawful way to deal with your loan account on your own figures, cheapest first, and shows your repayment for every year. It costs less than ten minutes of an accountant's time.
Yes, it is included, and using it is entirely your choice. It sits behind one button on your report and does nothing until you press it. Nothing in the report is held back from somebody who never opens it.
When you do ask it something, what it receives is the figures on your report: amounts and categories. Not your name, not your email address, not your account, and never a tax file number, an ABN or a bank detail. We do not hold those in the first place. The name you can put on the report cover is optional and is not part of what it is given. The conversation stays in your browser tab and is gone when you close it, and we record that a question was asked without recording what it said.
Section 5 of the privacy policy sets out exactly what does and does not travel, including who processes it.
No. You pay once and the access is yours. There is no subscription and nothing renews. PayPal handles the payment, so we never even see your card number.
No, and nothing on this site is. The report tells you what each route costs and what the general process for it looks like. The written agreement that makes a loan complying under section 109N is a document your registered tax agent or your solicitor prepares, and it has to be in place before your company's lodgment day.
What the report is good for is the conversation before that. You walk in knowing what each route costs on your figures, instead of paying somebody by the hour to work that out from scratch.
Division 7A Calculator provides information, not financial product advice. We are not licensed to give personal financial advice and we never tell you which option to pick. What we do is apply the published rules to the figures you enter and show you what they produce, with every working visible. Your real position is determined by the Australian Taxation Office when it assesses or amends your return, and by the written loan agreement and company accounts your registered tax agent prepares and lodges.
Pay once and the full report opens on the figures you have already entered. Nothing renews and nothing expires.
Use any email for your login, or leave it to use your PayPal one
Division 7A examples
Every one of these has money out of their own company. Not one figure on this page was typed in: the situations are written down, the calculator prices them at page load, and whatever it produces is what the card shows. Change the benchmark rate and this page changes with it.
Drawings, personal expenses on the company card, the company paying your rates, a company asset used at home. It all adds up in one line in the company's books, and at year end Division 7A treats that line as a loan to a shareholder.
Your company has already paid tax on the profits the money came out of. On a proper dividend that tax comes with it as a credit. On a deemed dividend, section 202-45 says it does not. So the same money is taxed twice, and the loan is still owed afterwards.
A complying loan costs your marginal rate on the interest, so it is cheapest for somebody on a low rate. A franked dividend costs the gap between your rate and the company's, so below the company rate it refunds money rather than costing any. Two shareholders with identical loan accounts can have opposite answers.
Everything below is those three facts in real dollars, for ten different shareholders. Worked out on the current schedule.
Your own figure turns on four things and only four: how much came out, what else you are taxed on, whether the company is on 25% or 30%, and whether there is property behind it. Change any one of them and the order of the routes changes. It takes about three minutes.
Every lawful way of dealing with the $180,000 Daniel has taken out of his company, and what each one costs. Same money, same company - the difference is only in how it is documented and when. Ranked on one measure: the total tax and charges each route causes, in today's dollars. Open Show Details on any of them.
Four numbers that sum it up. The rest of the report shows where they come from.
The measure. Every route is ranked on the total tax and charges it causes, brought back to today's dollars at the benchmark interest rate of 8.77%. Money moving between Daniel and his own company is not counted, because it does not make anybody poorer. Tax that leaves the group is.
Daniel's marginal rate is 39.00% on other income of $165,000, and the company rate is 25%. Almost every figure in this report moves when either of those does.
The same figures as the list above. The shorter the bar, the less tax and charges that route causes.
Section 109E(6) applied to $180,000 over seven years at 8.77%. The repayment looks flat and is not: the interest inside it falls every year as the balance does, and the principal rises to match.
| Income year | Years left | Opening balance | Minimum repayment | Interest | Principal | Closing balance |
|---|---|---|---|---|---|---|
| 2026-27 | 7 | $180,000 | $35,489 | $15,786 | $19,703 | $160,297 |
| 2027-28 | 6 | $160,297 | $35,489 | $14,058 | $21,431 | $138,867 |
| 2028-29 | 5 | $138,867 | $35,489 | $12,179 | $23,310 | $115,556 |
| 2029-30 | 4 | $115,556 | $35,489 | $10,134 | $25,354 | $90,202 |
| 2030-31 | 3 | $90,202 | $35,489 | $7,911 | $27,578 | $62,624 |
| 2031-32 | 2 | $62,624 | $35,489 | $5,492 | $29,997 | $32,627 |
| 2032-33 | 1 | $32,627 | $35,489 | $2,861 | $32,627 | $0 |
Every figure is rounded to the nearest dollar. The calculation itself runs to the cent, so a row may occasionally look a dollar out where two rounded columns are added together. The balances are the real ones.
Total repaid over the term: $248,421, of which $68,421 is interest. That interest is paid out of money Daniel has already been taxed on, and is assessable again in the company.
Future years are priced at today's 8.77%. Nobody knows what the benchmark rate will be in three years, and it has moved from 4.52% to 8.77% in five income years. The full report prices the whole range instead of pretending otherwise.
The benchmark rate is reset every 1 July and the minimum repayment is recomputed at the new one, for the whole remaining term. These are the rates the ATO has published for the last ten income years.
Daniel's property is worth $620,000 with $300,000 secured over it in priority, leaving $320,000 against a required $198,000. That passes the 110% cover test, so both terms are open to him.
| 7 years, unsecured | 25 years, secured | |
|---|---|---|
| First minimum yearly repayment | $35,489 | $17,985 |
| Total repaid over the term | $248,421 | $449,619 |
| Interest inside that | $68,421 | $269,619 |
| Years of repayments | 7 | 25 |
Everything above is real arithmetic on an invented shareholder. Run yours and this half opens on your own figures.
And you can ask it questions. Every report comes with an assistant that has read your report and explains any figure in it in plain English. Using it is entirely your choice, it does nothing until you press the button, and it is given the amounts on your report and never your name, your email or your account.
That is somebody else's answer. Yours takes about three minutes and costs nothing.
The link may have been used already. If you still get emails, contact us and we will stop them.
Division 7A guides
Written for the person who owns the company rather than for the person who lodges its return. Every figure is this income year's, every section is named so you can check it, and every calculation is written out rather than asserted. That is the part the official pages leave to your accountant.
Reading is useful. Knowing what your own loan account is about to cost you is better.
Trusts and Division 7A
Where a company is owed an unpaid entitlement by a trust, and the trust pays or lends to a shareholder of that company, section 109XA can treat it as a deemed dividend - even though the company itself did nothing. Bendel did not touch this, and it is the ordinary shape of most family groups.
Almost every Australian family group with a trading trust looks like this:
The last line is where Subdivision EA lives. The company is owed money by the trust. The trust is lending money to people who own the company. Looked at as a whole, company profits have reached shareholders' pockets without ever passing through a dividend - which is precisely what Division 7A exists to prevent.
In outline, and it has three limbs. Where a trustee makes a payment to, makes a loan to, or forgives a debt of, an actual transaction entity - a shareholder of a private company, or an associate of one - and the private company has an unpaid present entitlement to income of that trust, section 109XA can treat the payment, loan or forgiveness as a dividend paid by the company to that entity.
Section 109XB then works out the amount. It is limited by the amount of the unpaid present entitlement, and by the company's distributable surplus under section 109Y.
The timing is worth noting: the entitlement has to exist at the relevant time, and the relevant time depends on the type of transaction. Payments and loans made before the trust's lodgment day for the year interact with the year in question differently to those made after it, which is one of several reasons this is a provision to work through with a registered tax agent rather than from a summary.
The Bendel decision was about section 109D and the meaning of the word "loan" - specifically, whether a corporate beneficiary that simply does not call for payment has thereby made a loan to the trust. The Court held that it has not. What the decision held.
Subdivision EA asks an entirely different question. It does not care whether the unpaid entitlement is a loan. It only cares that the entitlement exists and that the trust has made a payment or a loan to somebody on the company's shareholder register. Both of those facts are unaffected.
So the practical position after Bendel is narrower than the headlines suggest: the entitlement sitting unpaid is no longer a Division 7A loan, and the family drawing on the trust is still capable of producing a deemed dividend.
Subdivision EA has the same exclusions Division 7A has generally. A loan by the trust that is put on a complying loan agreement under section 109N - written, at least the benchmark rate, 7 years or 25 years - is not a deemed dividend, and a minimum yearly repayment then has to be made on it every year.
A payment that is repaid before the relevant lodgment day is likewise not caught. And a payment that is genuinely something else - a wage for real work, a properly declared distribution - is not a payment for these purposes at all.
So the arithmetic a family group faces on a trust loan to a family member is the same arithmetic this calculator prices on a company loan: repay it, document it, distribute it, or wear the deemed dividend.
The obvious workaround - route the money through a second entity so the trust is not paying the shareholder directly - is dealt with by Subdivision EB. Sections 109XI and following extend Subdivision EA to arrangements where the trust makes a payment or loan to an interposed entity as part of an arrangement to get money to a shareholder.
Like the interposed entity rules in Subdivision E, it turns on the arrangement rather than on any figure, and no calculator can model it. The mistakes this one belongs with.
The general process, and it is a records exercise before it is a tax one:
The step people skip is the second one. Subdivision EA follows the shareholder register of the company that is owed, not the beneficiaries of the trust that owes it, and those two lists are frequently not the same.
Repay it, document it, distribute it or wear the deemed dividend. The calculator prices all four on your own figures.
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About us
Somebody who owns a small private company takes money out of it across a year. Some of it is drawings, some of it is a personal expense that went through the business account, some of it is a transfer nobody wrote a note about. Nothing announces itself, nothing arrives in the post. Then at some point, usually late and usually in a hurry, they are told the words "Division 7A" and that there is a deadline they have possibly already passed. The amounts are ordinary: thirty thousand dollars, or two hundred thousand. The tax on getting it wrong is not.
None of the rules are secret. They are Part III Division 7A of the Income Tax Assessment Act 1936: section 109D for a loan, section 109E for the minimum yearly repayment, section 109N for what makes a loan complying, section 109Y for the distributable surplus, and section 202-45 of the Income Tax Assessment Act 1997 for the part that makes it expensive - a deemed dividend cannot be franked. The benchmark interest rate is published by the ATO for every income year. The tax scale, the Medicare levy, the company rates, the shortfall interest charge and the penalty rates are all published too. What almost nobody ever sees is their own figures run through all of it at once, because it is spread across a dozen documents written for administrators and reindexed on a cycle nobody outside the profession follows.
Division 7A Calculator does one thing: it applies those published rules to your figures and shows you, in full, what they produce. Your minimum yearly repayment to the dollar. What a deemed dividend would cost, with the interest and the penalty itemised. Every lawful route priced on one stated measure and put in order, with the arithmetic beside each one so you can check it, argue with it, or hand it to somebody who can.
We do not tell you what to do. We are not licensed to, and frankly the arithmetic is the part people are missing, not the opinion. That is why the report ranks routes and stops there rather than recommending one. For anything genuinely complicated, a registered tax agent is the right call. Taking this report with you means you are not paying them by the hour to gather the figures first. The mistakes that cost the most is the guide worth reading first if you are not sure whether any of this applies to you.
Short version: we hold as little as we can, we never ask for the identifiers that matter most, and the calculation runs on your own device. The long version is below, because you are entitled to it.
This policy explains how XTO Pty. Ltd. (we, us, our) collects, holds, uses and discloses personal information, and how you can access, correct or complain about it. We handle personal information in accordance with the Privacy Act 1988 (Cth) and the Australian Privacy Principles (APPs).
It applies to calculatedchoices.com.au and to every email we send you. It does not apply to any third party site we link to.
We do not ask for, and you should never send us, your Medicare number, tax file number, tax file numbers, Australian Business Numbers or bank account numbers, bank account details or card number. The calculator does not need them. If you send one to us anyway we will delete it rather than store it.
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A paid report comes with an optional assistant you can ask questions about your own figures. It is the one part of this site that sends anything to a third party, so it is set out here in full.
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What travels is a set of amounts and categories. On its own it does not identify anybody, and we do not send anything alongside it that would.
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Because the assistant is optional, you can have the entire paid report without any of the above ever happening. Nothing in the report is withheld from somebody who never opens it.
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If you are not satisfied with our response, you may complain to the Office of the Australian Information Commissioner: oaic.gov.au, 1300 363 992, or GPO Box 5288, Sydney NSW 2001.
The site is intended for company directors, shareholders and their associates who have taken money out of a private company. It is not directed at children and we do not knowingly collect personal information from anyone under 18.
We may update this policy. The effective date at the top changes when we do. Where a change is material we will tell you by email or by notice on the site before it takes effect. Continuing to use the site after that means you accept the updated policy.
Privacy Officer
XTO Pty. Ltd. (ACN [ACN NOT SET])
Level 1, 457 Elizabeth Street, Surry Hills NSW 2010
support@calculatedchoices.com.au
Plain English, because the whole point is that you understand it. Section 6 is the one that matters most - please read it before you rely on anything here.
By using calculatedchoices.com.au (the site) or buying a pass you agree to these terms. If you do not agree, do not use the site. In these terms we, us and our mean XTO Pty. Ltd.; you means the person using the site or, where you use it on behalf of another person or an entity, both you and that person or entity.
You must be at least 18 and legally able to enter a contract. The site is intended for use in Australia and applies Australian law and Division 7A of the Income Tax Assessment Act 1936 and the rates the ATO publishes under it only. If you use it from outside Australia you do so on your own initiative and are responsible for local compliance.
Division 7A Calculator is an information and calculation service. It applies Division 7A of the Income Tax Assessment Act 1936 and the rates the ATO publishes under it to figures you supply and reports what those rules produce, showing its workings and naming the fee schedule used.
It is not financial product advice, personal advice, legal advice, tax advice, accounting advice or tax advice, and it is not a recommendation to acquire, dispose of or deal in any financial product.
You should obtain independent, licensed advice before acting. Any decision you make is yours.
We take considerable care to keep the rates current and the formulas right, and every report prints the schedule it was built on. Even so:
Always confirm before you act.
You acknowledge and agree that you are solely responsible for evaluating the output, for verifying it against official sources, for obtaining independent professional advice, and for every decision you make or do not make. We are not your adviser and no fiduciary or advisory relationship arises from your use of the site.
You are responsible for keeping your password confidential and for everything done under your account. Tell us immediately at support@calculatedchoices.com.au if you suspect unauthorised use. We may suspend or close an account we reasonably believe is being used in breach of these terms.
A report you export as a PDF or otherwise save remains yours to keep and to show to family, an adviser or a registered tax agent. That licence is personal and non‑commercial. It does not permit republication, resale, or use as part of a product or service you provide to others.
Our promise: if the calculator cannot properly model your circumstances, or something has gone wrong, write to us within 14 days of purchase and we will refund the pass. No form and no argument. We would rather refund you than have you rely on a number that does not fit.
This is a voluntary commercial guarantee offered in addition to, and it does not limit, your rights under the Australian Consumer Law. Refunds are made to the original payment method within five business days of us accepting the request.
You must not:
All content, code, calculation methodology, report design, text and branding on the site is owned by us or licensed to us and is protected by copyright and other laws. Legislated rates and government data are not owned by anyone; our expression, arrangement and implementation of them is. Nothing in these terms transfers ownership to you.
We aim to keep the site available but do not guarantee it will be uninterrupted, timely, secure or error free. We may modify, suspend or discontinue any part of it, and may perform maintenance, at any time. If we permanently discontinue the service while your pass is running, we will refund the unused portion.
The site relies on third party services including PayPal, Google and our hosting and email providers, and links to third party sites and government resources. We are not responsible for those services or sites, their availability, their content or their terms.
Our goods and services come with guarantees that cannot be excluded under the Australian Consumer Law. For major failures with the service, you are entitled to cancel your service contract with us and to a refund for the unused portion, or to compensation for its reduced value. You are also entitled to be compensated for any other reasonably foreseeable loss or damage. If the failure does not amount to a major failure, you are entitled to have problems with the service rectified in a reasonable time and, if this is not done, to cancel your contract and obtain a refund for the unused portion of the contract.
Nothing in these terms excludes, restricts or modifies any consumer guarantee, right or remedy conferred by the Australian Consumer Law or any other law which cannot lawfully be excluded, restricted or modified. If any part of these terms would do so, that part does not apply.
Subject always to section 15, and to the maximum extent permitted by law:
You agree that this allocation of risk is reasonable given the price of the service and that the service is information rather than advice.
Our liability is reduced to the extent your loss is caused or contributed to by you, including by entering incorrect figures, by failing to verify output against official sources, or by failing to obtain independent advice.
To the maximum extent permitted by law, you indemnify us against any claim, loss, liability, cost or expense (including reasonable legal costs) arising from your breach of these terms, your misuse of the site, or your provision of the site's output to a third party who relies on it. This does not apply to the extent the claim arises from our own breach, negligence or wilful misconduct.
You may stop using the site at any time. We may suspend or terminate your access immediately if you breach these terms. Sections 4, 5, 6, 9, 12, 15, 16, 17, 19 and 20 survive termination.
Our Privacy Policy forms part of these terms and explains how we handle personal information.
These terms are governed by the laws of New South Wales, Australia. You and we submit to the non‑exclusive jurisdiction of the courts of New South Wales and the courts entitled to hear appeals from them.
XTO Pty. Ltd. (ACN [ACN NOT SET])
Level 1, 457 Elizabeth Street, Surry Hills NSW 2010
support@calculatedchoices.com.au