What the threshold result means
This calculator performs the first threshold test only. For an accounting period shorter or longer than 12 months, annualized revenue equals total revenue divided by the actual days in the period, multiplied by 365. A business above the threshold may need a full margin calculation. A business below it may still have an information report obligation, depending on its entity type.
A new entity with $500,000 of revenue from 1 January to 30 June 2025 (181 days) has annualized revenue of $500,000 ÷ 181 × 365 = $1,008,287 for this initial test.
Questions about this estimate
Is this an official tax calculation?
No. It is an educational planning estimate based on the information you enter.
Will my actual result be different?
It can be. Rates, exemptions, deductions, credits and individual circumstances can change the final amount.
Does the calculator save my information?
No. The calculation runs in your browser and the page does not ask for personal identifying information.