Get larger tax cuts from your financial position and improve the $$$$ performance of your investments. Proven Strategies!
Get larger tax cuts from your financial position and improve the $$$$ performance of your investments. Proven Strategies!
Family Tax BenefitsOver payments are common for families every year. CommonCents allows you to proactively monitor your Assessable income.
TaxCommonCents lets you quickly evaluate your tax obligations at anytime during the financial year.
SuperannuationCommonCents will help make it easier for you to plan for your retirement and build a larger nest egg.
Salary SacrificingCommonCents lets you quickly calculate the advantages with Salary Sacrificing.
Novated LeaseInstantly see the savings from paying for a vehicle from pre tax dollars
Child SupportCommonCents lets you quickly evaluate your tax obligations at anytime during the financial year.
Managed Funds/SharesCommonCents will display to you how investing in managed Funds or Shares affects your taxable income as well as your Assessable Income.
Investment PropertyInstantly see the advantages and disadvantes when investing in Investment Properties.
Capital GainsCommonCents will show you how you will be affected if you make any Capital Gains during the fiancial year.
HECS DebtLearn how to reduce HECS Debt repayments.
Government cocontributionCommonCents instantly shows how much you are entitled to under the co contribution scheme.
Q. Will CommonCent$ display the amount of tax I should be paying?
A. By using different strategies the amount of tax needed to be paid may change. It displays
how these changes affect you.
Q. Will it do my GST?
A. No.
Q. Will CommonCent$ display the amount of Medicare Levy I should pay?
A. Yes.
Q. Will CommonCent$ display the government super co-contribution?
A. Yes, it displays the amount you may be entitled to?
Q. Will it calculate any super contributions I make?
A. Yes, whether you make deducted or undeducted contributions it will display the annual
amount you put into superannuation.
Q. Does it calculate how purchasing an investment may affect me?
A. Yes, whether you purchase an investment property or invest in managed funds or shares,
that return fully franked income or partially franked income or
invest in an investment that allows a percentage deductabilty for the financial year.
Q. Will CommonCent$ display any HECS repayments I may required to make?
A. Yes.
Q. Does it display child support payments?
A. Yes, it displays the basic payment amount based on the data entered.
Q. Will it display how salary sacrificing affects me?
A. Yes.
Q. Will it display family tax benefits and any changes to amounts I may be entitled to
receive or repay.
A. It will display the basic amount, however by proactively monitoring your income, you can
reduce the risk of overpayments.
Q. Does it display how making a capital gain can affect me?
A. CommonCent$ will display the amount of capital gains tax that may need to be payed
based on the asset being held for less than 12 months or longer
than 12 months and applying the 50% rule or not.
Q. How often am I required to purchase CommonCent$?
A. You are required to purchase a new subscription for Commoncent$ yearly.
Q. Are CommonCent$ updates free of charge?
A. Between 1st July - 30th June, all updates for CommonCent$ are included in the yearly
subscription price.
Purchase online for only $99 Includes GST
(Suitable for Australian Residents only)
