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Remuneration / Work Income

Cameron Drury avatar
Written by Cameron Drury
Updated over 2 months ago

Overview

The remuneration / work income screens allow you to add Pre-Tax Incomes to both the Primary User and either a Spouse or Defacto Partner.

Income Options

The options for "Add/Edit Income" are below.

  • Editing the Income Label (Income 3 in the example below) will adjust how the income is rendered in table breakdowns.

  • You can insert your income at various frequencies (e.g. Annual Salary / Monthly Salary by adjusting the "Pay Cycle" selector. NOTE the Pay Cycle selector does not impact how frequently pay is added.

  • If you're currently working part-tiem you can toggle on "Pro-Rata / Part-Time Hours" to adjust a salary (e.g. 100k salary Pro-Rata/Part-Time Hours - 4 days per week will become 80k p.a)

  • For superannuation - the default value for Superannuation (e.g. 11.5%) represents the Superannuation Guarantee rate and we will increase this automatically as the SG rate increases.

  • For Medicare you can select to have Private Healthcare which will impact Medicare Levy Surcharge

  • You can also select to have a Medicare Exemption

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