Reduces taxable income. Concessional cap $30,000/yr incl. employer SG.
Vehicle, home office, uniforms, tools, professional development.
Donations, income protection insurance, investment interest, etc.
No cover + income >$93k → Medicare Levy Surcharge applies.
| Item | Annual | Monthly | Fortnightly |
|---|
LVR: 80%
Monthly principal vs interest breakdown for the life of your loan — with and without offset.
FHB concessions vary by state. Verify with your state revenue office — thresholds change regularly.
Typical 2–5%.
Quantity surveyor schedule — often $3k–$15k/yr on newer properties.
| Item | Annual | Weekly |
|---|
50% CGT discount if held 12+ months. Capital gain added to income in year of sale.
Preservation age 60. Age Pension eligibility 67.
Balanced ~7%, High Growth ~8–9%, Conservative ~4–5%.
Legislated minimum: 12% from 1 July 2025.
Concessional cap $30,000/yr incl. SG. Taxed at 15% in fund.
Non-concessional cap $120,000/yr.
If renting, deposit + repayment difference is invested here.
| Year | Buy Net Worth | Rent Net Worth | Advantage |
|---|
Banks typically use 80% of rental income.
Leave $0 to use HEM (bank benchmark). Banks use the higher of HEM vs declared.
Car loans, personal loans, existing mortgage repayments.
Banks assume 3.8% of card limit as a monthly commitment.
Banks add ~3% buffer to actual rate. E.g. if loan rate is 6.25%, assessment rate is ~9.25%.
| Component | Monthly | Annual |
|---|
⚠️ This is an estimate. Actual borrowing capacity varies by lender, credit history, spending patterns and policy. Get a formal pre-approval before making offers.
Renovations, extensions — not repairs. Increases cost base.
Used to calculate CGT at your marginal rate. Links to Income tab if left here.
| Item | Amount |
|---|
Consider selling in a lower-income year (e.g. after redundancy, parental leave) to reduce the marginal rate applied to the gain.
First Home Super Saver — salary sacrifice into super for your deposit, then withdraw. Taxed at 15% going in, vs your marginal rate minus 30% on withdrawal.
Max $15,000/yr, $50,000 total.
Model townhouse / unit developments — sell, rent, or mix — and see if the numbers stack up.
Auto-calculated from state, or enter manually to override.
Townhouses typically $2,000–$3,500/m². Include fit-out, landscaping, driveways.
Industry standard 10–15% on construction costs.
Owner-builder reduces this. Developer-managed adds overhead.
Your cash in the deal. Rest funded by construction loan.
Construction loans are typically 1–2% above standard rates. Interest-only, drawn progressively.
| Item | Amount |
|---|
⚠️ For educational purposes only — not financial advice. Tax rates are FY 2025–26 ATO published rates. Stamp duty estimates may not reflect all concessions. Consult a registered financial adviser (AFS licence) and accountant before making decisions.
Revenue minus all deductible business expenses.
Base rate applies if aggregated turnover < $50m and <80% passive income.
Existing company profits already taxed at company rate. Used for franked dividend modelling.
Salary, investment income etc. outside the company.
| Scenario | Tax Paid | Cash in Hand | Eff. Rate |
|---|