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.
Your household income and your age or disability determines your eligibility for both programs.This publication provides an overview of the property tax deferral program that helps senior citizens and disabled persons postpone the payment of their property tax and/or special assessments.or more information on how income is calculated, see Calculating Your Disposable Income.If your household income is $35,000 or less, you must apply for the Property Tax Exemption Program for Senior Citizens and Disabled Persons before you apply for the deferral program.