Understanding how much you can get back from your tax return is crucial for effective financial planning. TaxFox simplifies this process with its powerful Tax Calculator, allowing you to estimate your potential refund effortlessly. With the app's auto-tracking feature, you can monitor your claims and see your progress in real-time.
Why Use the TaxFox Tax Calculator?
Many taxpayers are uncertain about their potential refunds due to the complexity of tax laws and the multitude of deductions available. The TaxFox Tax Calculator demystifies this process by providing an accurate estimate of your refund based on your logged expenses and income.
How the TaxFox Tax Calculator Works:
Easy Setup: Begin by entering your income and any known deductions into the TaxFox app. The intuitive interface makes it simple to input the necessary information.
Automatic Tracking: As you log expenses throughout the year, the TaxFox app automatically tracks and categorises your claims. This feature ensures that all potential deductions are accounted for, giving you a clear picture of your tax situation.
Real-Time Estimates: The Tax Calculator provides real-time updates on your estimated refund. As you add more deductions, you’ll see your potential refund grow, helping you stay informed and motivated to keep accurate records.
Comprehensive Overview: Get a detailed breakdown of your deductions and see how each one impacts your overall refund. This transparency helps you understand where your refund is coming from and how to maximise it further.
Benefits of Using the TaxFox Tax Calculator:
Accurate Refund Estimates: With real-time calculations based on your logged expenses, you can trust that the estimated refund provided by TaxFox is accurate and up-to-date.
Save Time and Reduce Stress: The automated tracking and categorisation of expenses save you the hassle of manual calculations, making tax season less stressful.
Maximise Your Refund: By regularly updating your expenses and seeing the immediate impact on your refund estimate, you can ensure you’re claiming every eligible deduction and maximising your refund.
TaxFox offers a range of plans to suit different needs
BASIC (Free):
Save 12 tax-deductible expense receipts.
Log up to 20 work-from-home days.
Save up to $1,000 worth of deductions.
Link 2 bank accounts.
Save up to 15 trips for work vehicle.
Ideal for anyone working from home less than 1 month in the year.
SMART ($8/month, billed annually):
Store 24 expense receipts per year.
Log up to 80 work-from-home days.
Save up to $2,000 worth of deductions.
Link unlimited banks and accounts.
Save up to 60 trips for work vehicle.
Ideal for employees with expenses, employees working from home at least 1 day per week, and easily preparing for tax return lodgements.
GENIUS ($13/month, billed annually):
Store unlimited expense receipts per year.
Log unlimited work-from-home days.
Save unlimited value of deductions.
Link unlimited banks and accounts.
Save unlimited trips for work vehicle.
Ideal for claiming every dollar of eligible tax refund, DIY tax return lodgers, entrepreneurs and self-employed, and employees with a home office or working from home more than 1 day per week.
Try TaxFox Today!
Don't leave your tax refund to chance. Utilise the TaxFox Tax Calculator to estimate your potential refund effortlessly and track your progress throughout the year. Download TaxFox today on Android or iOS, and take control of your tax return.
Contact: For more information, visit www.taxfox.com.au or follow us on Instagram, Facebook, and LinkedIn.
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