Financial Adviser Tax Calculator Australia

Estimate what you could get back as a financial adviser in Australia. Applies Australia marginal rates including state tax and the Medicare levy. Free, and no sign-up.

What financial advisers can claim in Australia

In Australia, employees and sole traders can claim work-related expenses they paid themselves, weren't reimbursed for, and that directly relate to earning their income - apportioned for any private use and substantiated with records (a logbook for car expenses, and receipts once total work expense claims exceed $300).

You can only claim the work-related portion, you must have spent the money yourself without reimbursement, and you need a record to prove it.

Frequently asked questions

What can a financial adviser claim on tax in Australia?

Commonly claimed deductions include financial advice association membership fees, professional indemnity insurance, asic and licensing fees, financial adviser exam and cpd. In Australia, employees and sole traders can claim work-related expenses they paid themselves, weren't reimbursed for, and that directly relate to earning their income - apportioned for any private use and substantiated with records (a logbook for car expenses, and receipts once total work expense claims exceed $300).

How much tax does a financial adviser pay in Australia?

It depends on your income and your state. The calculator applies Australia marginal rates including state tax and the Medicare levy.

Do I need to sign up to use this calculator?

No. This calculator is completely free and requires no account. Nothing you enter is saved.

Related tax guides

Other business & professional services calculators

Estimate only — not tax advice. Confirm with the ATO or a registered tax professional.