Instacalc provides the Australian residents with comprehensive calculators for their financial needs, which includes income tax calculator, loan repayment calculator, stamp duty calculator and negative gearing calculator.
The income tax calculator will help you to calculate the tax you owe on your taxable income excluding super.
The loan repayment calculator will help you to calculate the mortgage repayments on the loan you intend to apply.
The stamp duty calculator will help you to calculate the charge applied by state governments in Australia and is in relation to the transfer of land.
The negative gearing calculator is designed to give residential property investors an estimate of the net income effect of owning an investment property. The calculator combines the cash operating revenue, rent, and the cash operating expenses, with the change in the amount of income tax paid to measure the net change in the investors income due to the investment property.
The results of the calculators provided in this app are a guide only and should not be used as the basis for any decision. You should obtain advice from your accountant/financial planner before making any purchasing decision.