What is the Tax Withheld Calculator (TWC)?
The Tax Withheld Calculator enables employers and other withholding payers to calculate the tax to be withheld from payments made to their employees and other workers. To use the TWC a payer will need the information supplied by their workers in Tax File Number Declarations, Withholding Declarations and, where applicable, Medicare Levy Variation Declarations. The TWC also calculates HELP and SFSS components where applicable.
