Individual tax return cost in Australia 2026 fees, deductions and what you get back

The Finance Desk · Editorial team, accountants + mortgage brokers + financial planners + conveyancers · Updated 11 June 2026 · How we rank · Editorial standards

An individual tax return in Australia costs $150-$300 for a simple PAYG return from a registered tax agent, rising to $300-$600 once you add an investment property or share portfolio. The fee is itself deductible next year, and a good accountant usually finds more in missed deductions than they charge. The average refund is around $2,500.

Key takeaways

  • Simple individual return: $150-$300. With an investment property: $300-$500. With shares or crypto: $400-$650.
  • A good accountant typically finds $300-$2,000 in deductions a DIY lodger would miss.
  • The agent fee is itself deductible next year under section 25-5 of the ITAA 1997.
  • The average Australian refund is around $2,500, but it is just over-withheld PAYG returned to you.
  • Pricing is similar across capitals; complexity and specialisation drive the fee, not the city.

This guide is about the individual tax return specifically: what an accountant charges to prepare one in 2026, the deductions that make the fee worth paying, and how the fee itself comes back to you. If you want the wider picture of lodgement options and deadlines, see our companion tax return cost guide; for business structures, the cost of an accountant guide covers sole traders, companies and trusts.

Individual return fees by situation in 2026

Your situation Typical fee (AUD) What it covers
Single PAYG salary, basic deductions$150-$220Income, work-related deductions, donations
PAYG + work-from-home + car$200-$300Running-cost method, logbook, occupation deductions
PAYG + 1 investment property$300-$500Rental schedule, depreciation, interest, CGT events
PAYG + share or crypto portfolio$400-$650Dividends, franking credits, CGT calculations
PAYG + side hustle (sole trader)$400-$800Business schedule, deductions, GST if registered

Capital city pricing compared

City Simple individual return With investment property
Sydney$150-$300$300-$550
Melbourne$150-$290$300-$520
Brisbane$140-$280$290-$500
Perth$140-$280$290-$500
Adelaide / Gold Coast$130-$260$280-$480

Indicative ranges. CBD firms in any city sit at the top of each band; outer-metro and suburban practices often quote lower. Complexity matters far more than postcode.

The deductions that pay the fee back

The reason an individual return is worth paying for is that the deductions an experienced agent identifies usually exceed the fee. The most commonly under-claimed items:

  • Work from home. Running costs for electricity, internet and phone, claimed under the ATO's fixed-rate or actual-cost method. Keep a record of hours.
  • Motor vehicle. Work-related travel that is not your ordinary commute, claimed by logbook or cents-per-kilometre. A 12-week logbook supports the larger claims.
  • Self-education. Courses, conferences and materials directly tied to your current role.
  • Professional memberships and union fees. Fully deductible when work-related.
  • Tools, equipment and subscriptions. Items used for work, immediately for amounts under the relevant threshold and depreciated above it.
  • Income protection insurance premiums. Deductible where the policy is held outside super.
  • Donations. Gifts of $2 or more to deductible gift recipients.

Claims totalling more than $300 require receipts, so the value of an accountant is partly in knowing what is legitimately claimable for your occupation, which the ATO publishes industry by industry.

The fee is deductible too

The cost of managing your tax affairs is itself deductible under section 25-5 of the Income Tax Assessment Act 1997. That means the fee you pay this year reduces your taxable income next year. The practical effect:

Agent fee paid Marginal rate Net cost after deduction
$20019%~$162
$40032%~$272
$65037%~$410

Marginal rates are illustrative. The deduction applies in the year the fee is paid, so keep the invoice for next year's return.

What about the refund?

The average Australian refund sits at roughly $2,500, but it is not free money. A refund happens because your employer withheld more PAYG tax across the year than you ultimately owed once deductions and offsets were applied. A larger refund is not automatically a better outcome; it can simply mean you lent the ATO money interest-free all year. The goal is the correct tax, claimed in full, not the biggest possible refund.

When free MyTax is genuinely fine

  • A single PAYG employer with standard, well-understood deductions
  • Basic bank interest and a few Australian shares with no disposals
  • No rental property, business income or foreign income
  • A situation broadly unchanged from last year

Add an investment property, active trading, business income or a major life event, and an individual return moves into accountant territory, where the fee reliably pays for itself.

Compare individual tax accountants near you

Get fixed-fee quotes from a few registered tax agents with the same scope before deciding. Browse the best tax accountants in Sydney or the best accountants in Melbourne, and verify any agent free on the TPB register at tpb.gov.au first.

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Common questions

Individual tax return cost: frequently asked questions

How much does an individual tax return cost in Australia in 2026?

A simple individual PAYG return from a registered tax agent costs $150-$300. Add an investment property and it rises to $300-$500; add an active share or crypto portfolio and it reaches $400-$650. Online services like Etax or H&R Block Online sit at $30-$120 for assisted DIY, and the ATO MyTax tool is free for straightforward returns.

Is paying an accountant for an individual return worth it?

It usually pays for itself if your situation is anything beyond a single PAYG salary. A good accountant typically identifies $300-$2,000 in legitimate deductions a DIY lodger would miss, more than covering a $150-$650 fee. For a single job with no investments and standard deductions, free MyTax is often adequate.

What deductions can I claim on an individual tax return?

Common claims include work-from-home running costs, work-related travel that is not ordinary commuting, compulsory or logo uniforms and laundry, self-education tied to your current job, professional memberships and union fees, tools and equipment, and the work-use portion of your phone and internet. Claims totalling over $300 need receipts, and a 12-week logbook supports motor vehicle claims.

Is the tax agent fee itself tax deductible?

Yes. The cost of managing your tax affairs, including the fee you pay an accountant or tax agent to prepare your return, is deductible in the year you pay it under section 25-5 of the Income Tax Assessment Act 1997. A $400 fee at a 32 per cent marginal rate has a net cost of about $272 after the deduction.

How much is the average tax refund in Australia?

The average Australian refund is around $2,500, though it depends entirely on how much PAYG tax was withheld against what you actually owe. PAYG earners with standard work-related deductions often refund $1,000-$3,500, and negatively geared property investors frequently refund more. A refund is your own over-withheld money returned, not a bonus.

Does an individual tax return cost more in Sydney or Melbourne?

Pricing is broadly similar across the major capitals, with CBD firms in both Sydney and Melbourne sitting at the top of each band. Suburban and outer-metro practices in either city often quote lower for an identical return. Specialisation and the complexity of your return drive the fee far more than the city you live in.

What happens if I do not claim a deduction I was entitled to?

You simply pay more tax than you needed to. The ATO will not add deductions for you. If you realise after lodging that you missed a legitimate claim, you can request an amendment, generally within two years for most individuals. Keeping organised records through the year is the simplest way to avoid leaving money on the table.