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Income

$85,000 /annual

Adjust income$0 – $1,000,000

$0$1,000,000

Take-home$67,012/annual

Tax payable$17,988/yr

Effective rate21.2%

Contributions (Annual)

Salary Sacrifice

Pre-tax amount your employer redirects into super — reduces your taxable income and take-home pay

Personal Concessional Contributions

Funded from salary

Paid from your post-tax pay — reduces take-home and taxable income

Funded from savings

Lump sum from your bank — reduces taxable income only, take-home pay unchanged

Both sources receive the same s290-150 tax deduction. The difference is which account is drawn down.

Non-Concessional Contributions (after-tax)

After-tax contributions — no income tax deduction, but tax-free inside fund

Carry-Forward & Balance

Prior Year Unused Concessional Cap

Unused CC from prior years — only available if your super balance is below $500,000

Super Balance (prior 30 June)

Required to determine carry-forward eligibility

Contribution Cap Usage

Concessional Cap ($30,000)$10,200 / $30,000

Employer SGC: $10,200Salary sacrifice: $0Remaining: $19,800

Non-Concessional Cap ($120,000)$0 / $120,000

Tax Impact — Baseline vs With Super

No ContributionsWith Contributions

Taxable Income

$85,000$85,000

Income Tax

$16,288$16,288

LITO Offset

$0$0

Medicare Levy

$1,700$1,700

Total Tax Payable

$17,988$17,988

Take-Home Pay

$67,012$67,012

Net Tax Return

Tax already paid on salary−$17,988

Income tax saved — employee CC+$0

Contributions tax — employee CC (15%)−$0

Net Tax Return+$0

Employer SGC — always paid, not in your return

Contributions tax on SGC (15%)−$1,530

Marginal Rate

30.0%

Take-Home Reduction

Salary-sourced ($0)

First Home Super Saver Scheme

Model FHSS contributions

Estimates releasable amount and net withdrawal proceeds

§25 — Rental Income

Gross rent received (annual)ⓘ

Total rent received before any expenses. Enter annual amount.

§26 — Investment Loan Interest

Mortgage interest (annual)ⓘ

Interest component only — principal repayments are not deductible.

§27 — Property Management Fees

Property management fees (annual)ⓘ

Agent letting fee, ongoing management commission (typically 7–10% of rent), lease renewal fees.

§28 — Repairs & Maintenance

Repairs and maintenance (annual)ⓘ

Immediate deduction only — repairs restore to original condition. Capital improvements (e.g. adding a new deck) are not deductible here.

§29 — Depreciation

Capital works deduction — Div 43 (annual)ⓘ

2.5%/yr of the original construction cost for residential buildings built after 15 Sep 1987.

Plant & equipment depreciation — Div 40 (annual)ⓘ

Annual depreciation on depreciable assets: ovens, carpet, blinds, hot water systems, etc. Use diminishing value or prime cost method.

§30 — Holding Costs

Council rates (annual)ⓘ

Water rates (annual)ⓘ

Exclude any usage charges billed to and paid by the tenant.

Insurance (annual)ⓘ

Other holding costs (annual)ⓘ

Strata levies, land tax, pest inspections, garden maintenance, etc.

§31 — Net Result

Gross rent$0

Net rental income+$0

ATO Schedule 1 deductions · FY 2025-26 rates · D6 (low value pool) and CGT cost base adjustments not included · Not financial advice

Did you sell, dispose of, or trade any assets this financial year?

No CGT events this year — this section has no impact on your tax return.

ATO rates FY 2025-26 · Post Stage 3 tax cuts · PAYG only · Not financial advice

$85,000 /annual

Contributions (Annual)

Carry-Forward & Balance

Contribution Cap Usage

Tax Impact — Baseline vs With Super

Net Tax Return

First Home Super Saver Scheme

§25 — Rental Income

§26 — Investment Loan Interest

§27 — Property Management Fees

§28 — Repairs & Maintenance

§29 — Depreciation

§30 — Holding Costs

§31 — Net Result

D7 — Interest & Dividend Income Expenses

D8 — Dividend & Distribution Expenses

D9 — Gifts & Donations

D10 — Cost of Managing Tax Affairs

§42 — Medicare Levy Surcharge

§43 — Private Health Insurance Rebate

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