✨ Tax Planning & Personal Budgeting Worksheet
Take control of your money and stay ahead at tax time with this easy-to-use Excel worksheet. Designed for individuals and sole traders, it combines personal budgeting with tax planning tools so you can keep your finances organised all year round.
✅ Track Your Income & Expenses – simple categories to see where your money is going ✅ Plan Your Budget – set monthly limits and compare against actuals ✅ Tax Preparation Made Easy – log deductions (work expenses, home office, donations, etc.) ✅ Estimate Your Tax Payable or Refund – built-in calculator using current ATO tax rates + Medicare levy + HELP/HECS options ✅ Cashflow Snapshot – see how tax, repayments, and living costs impact your bottom line ✅ Scenario Planning – test “what if” strategies like buying equipment, prepaying expenses, or adjusting work hours
Whether you’re a PAYG employee, tradie, freelancer, or side-hustler, this worksheet gives you the tools to:
Stay on top of your budget
Avoid nasty tax surprises
Maximise your deductions
Build confidence in your financial planning
👉 Instant download, compatible with Excel & Google Sheets.
*Disclaimer:This worksheet is a general budgeting and tax planning aid only. It is not a complete tax solution and does not replace professional advice. Individual circumstances vary, and you should seek assistance from a registered tax agent or qualified accountant before making financial or taxation decisions.