Your income
Wages, salary or business income. Used for tax brackets, LITO and WATO eligibility.
From 2026–27 you can claim up to $1,000 with no receipts. If you currently claim less than that, the gap becomes a free deduction.
For LITO and the 65+ health rebate.
Positive number. The amount you'd deduct against other income today.
If selling after 1 July 2027:
Leave at 0 if you're not modelling a sale.
This is on top of your work income above.
Other beneficiaries (e.g. spouse + adult kids):
Set to 0 if you're the only beneficiary.
Split evenly across the beneficiaries above.
Must be under $91,387 for any concession.