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.
The income tax payable is the aggregate amount of the tax on the taxable income in the three boxes. Box 1. The tax rates on taxable income for income from work and dwellings (box 1) for the fiscal year 2014 is: 1st bracket = 36,55% on the first â¬ 19.922.