Total Annual Income
$0
$0 / week
Total Annual Expenses
$0
$0 / week
Annual Surplus
$0
$0 / week
Spending by Category
Category Breakdown
| Category | Weekly | Monthly | Annual | % of Income |
|---|
💼 Income Sources
Salary / Wages (Person 1)Annual gross before tax
Salary / Wages (Person 2)Annual gross before tax
Annual BonusTaxed as ordinary income
Dividend IncomeAnnual dividends received
Franking CreditsFrom fully-franked dividends
Gross Rental IncomeTotal rent received annually
🧾 Deductions & Adjustments
Rental Property ExpensesInterest, rates, agent fees, repairs
Depreciation (Rental)Building depreciation schedule
Work-Related ExpensesUnreimbursed work costs
Salary Sacrifice (Super)Pre-tax concessional contributions
Income Protection PremiumFully tax deductible
Private Health Insurance?Avoids MLS if income > $93k
Estimated Tax Summary — 2024–25
Gross Income
$0
Income Tax
$0
Medicare Levy
$0
Effective Rate
0%
Annual Take-Home
$0
Monthly Take-Home
$0
Fortnightly
$0
Weekly Take-Home
$0
🇦🇺 Australian Tax Brackets 2024–25
Taxable Income
Rate
Tax on Bracket
Your Bracket
$0 – $18,200
0%
Nil
$18,201 – $45,000
19%
Up to $5,092
$45,001 – $135,000
32.5%
Up to $29,250
$135,001 – $190,000
37%
Up to $20,350
$190,001+
45%
Unlimited
+ 2% Medicare Levy on most incomes · Low Income Tax Offset (LITO) up to $700 · Medicare Levy Surcharge applies if no private health cover and income > $93k