Читать книгу 101 Ways to Save Money on Your Tax - Legally! 2022-2023 - Adrian Raftery - Страница 77

Home equity access scheme

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If you or your partner are of Age Pension age, you own real estate in Australia and you receive less than the maximum rate of the Age (or Disability Support or Widow B) Pension, then you can apply for a non-taxable loan if you need extra income or to help for a short time or an indefinite period. The loan is capped up to 1.5 times the maximum rate of pension, paid fortnightly. The 2021–22 federal budget proposed a no negative equity guarantee on the loan and access to a capped upfront lump sum payment of 0.5 times.

101 Ways to Save Money on Your Tax - Legally! 2022-2023

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