Donations Tax Calculator
How much good can you do? The GoodCompany calculator is a tool to help you discover just how generous you can afford to be. Simply add in your gross annual income and your annual donation amount and it will display the net cost of your donation and your tax saving.
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Calculation based on the following tax table
2025/26 Australian Individual Income Tax Rates
Taxable income Tax on this income
0 – $18,200 NIL
$18,201 – $45,000 16c for each $1 over $18,200
$45,001 – $135,000 $4,288 plus 30c for each $1 over $45,000
$135,001 – $190,000 $31,288 plus 37c for each $1 over $135,000
$190,001 and over $51,638 plus 45c for each $1 over $190,000
The above rates do not include the Medicare levy of 2% that may apply.
Rates source: Australian Government Taxation Office.
This information is not financial advice and is for illustrative purposes only. It’s always a good idea to get independent taxation advice.