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.
Most income your business receives is assessable, but you can claim deductions for most costs you incur in running your business, as long as they're not private or domestic expenses, or other expenses that are specifically excluded.ost income your business receives is assessable income â which means you need to declare it and it's subject to tax. You can claim tax deductions for most costs you incur in running your business but there are exceptions.