Your Tax Estimate is an estimate of how much money you may need to set aside for income tax payments at the end of a given financial year.

Your Tax Saver is a separate wallet where you can set aside money you may need for upcoming tax payments. You can use your Tax Estimate as a guide to work out how much money you may need to set aside in your Tax Saver.

As it says in its title, your Tax Estimate is only an estimate and should be used as a guide only. For more information on how much you’ll need to set aside for taxes, visit the ATO website or speak with a registered tax agent.

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