GIFTED DEPOSIT MORTGAGES. A gifted deposit is a sum of money given to you by a third party as a deposit on a property. There are currently five options currently available for gifted deposit mortgages. These are available on residential and Buy-to-Let purchases.
Assessable income is the income we use to work out your payment rate. If you have a partner, we take both of your incomes into account. Examples of assessable income include: deemed income from financial investments, including money in superannuation funds if you have reached age pension age.
Overall, the taxable income of head of household filers is taxed at more favorable rates compared to single filers. For example, in 2015, single filers will pay 10 percent on the first $9,225 of income earned, whereas head of household filers pay 10 percent on income up to $13,150.