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~A Quick Reference Technical Library for Tax and Financial Professionals~

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If you find this website useful, please tell your colleagues. Thanks.

www.ratesmate.com.au 

If you did not find it useful, please tell us the reason, so that we can fix it. Thanks.

Contact us at
editor@ratesmate.com.au 
or 02 84569222

Editor:
Chris Browne
B.Comm, Dip FP
Chartered Accountant




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To assist you to keep abreast of technical changes, we send out up to 12 free email newsletters each year called "The 59 Second Report"

If you would like to receive all of them, please send your email address to  admin@ratesmate.com.au  with the Subject line:    Send Free Newsletter.

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 Free Sample of Topics*Age Pension - Deeming Rates      Sunday, 20 May 2012  
Age Pension - Deeming Rates & Thresholds

* Please click on maximise [+] , not the titles, to display the contents of any sub-topic containers *

From 1 July 2011
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Family Situation

Assets Threshold

Rate of Deemed Income

Single

$0 - $44,600

3%

Above $44,600

4.5%

Couple - per person (1)

$0 - $37,200

3%

Above $37,200

4.5%

Couple - combined (2)

$0 - $74,400

3%

Above $74,400

4.5%

 

(1) At least one person is receiving the pension.

 

(2) Neither is receiving a pension.

 

The deeming rates apply to both Centrelink and DVA pensions.

 

 

Family Situation

Assets Threshold

Rate of Deemed Income

Single

$0 - $44,600

3%

Above $44,600

4.5%

Couple - per person (1)

$0 - $37,200

3%

Above $37,200

4.5%

Couple - combined (2)

$0 - $74,400

3%

Above $74,400

4.5%

 

(1) At least one person is receiving the pension.

 

(2) Neither is receiving a pension.

 

The deeming rates apply to both Centrelink and DVA pensions.

 


From 1 July 2010 to 30 June 2011
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From 1 July 2009 to 30 June 2010
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From 1 July 2008 to 30 June 2009
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From 1 July 2007 to 30 June 2008
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From 1 July 2006 to 30 June 2007
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From 1 July 2005 to 30 June 2006
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From 1 July 2004 to 30 June 2005
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Historical Rates & Thresholds
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This page was last edited on 15 January 2012

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