Average Tax Return 2025
Average Tax Return 2025. Individuals falling under the taxable. Use the simple tax calculator to work out just the tax you owe on your taxable income for the full income year.
The purpose of this article is to illustrate the distinctions between the two tax systems, the advantages of each, and the factors that should be taken into account. This calculator will work for both old and new tax slab rates which were released in 2023 and updated in budget 2024.