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Latest News

26 Jan 2012

Update of Plansoft Calculator for new rates. Updated Family Tax Benefit calculations for more accurate payment calculations due different periods in a financial year requiring multiple income tests. Much improved reporting and word processing output formats, including exporting to Microsoft Word document files (DOCX) and Microsoft Excel spreadsheet files (XLSX).



News History

28 Nov 2011

Update of Plansoft Calculator for Income Streams. All types of Income Streams can be calculated, including: Allocated (Account Based), Market Linked (Term Allocated Pension), Lifetime, Life Expectancy, Term and Defined Benefit. Calculates Assessable Assets and Income for Centrelink tests.

Student Loans Higher Education Loan Program (HELP) and Student Financial Supplement Scheme (SFSS) calculation screens have been redesigned to include calculations for voluntary repayments with the 10% bonus (5% after 1 Jan 2012 assuming legislation passed). Also calculating the CPI increase as well as a discounted payout figure.

30 Sep 2011

New Age Pension web calculator which includes tax calculations, asset testing and income testing for singles or couples.

23 Sep 2011

Update of Plansoft Rates and Plansoft Calculator for the latest Australian Government Rate and Threshold changes as at 20 Sep 2011. New Asset and Investment screen personal tax rates and thresholds as well as changes to the low income tax.

8 Jul 2011

Update of Plansoft Rates and Plansoft Calculator for the proposed Carbon Tax legislation changes. New personal tax rates and thresholds as well as changes to the low income tax offset for financial years 2013 to 2016.

Web Calculator also added for 2013 calculations.

1 Jul 2011

Update of Plansoft Rates and Plansoft Calculator for Taxation, Centrelink, Family Assistance Office and DVA rates and thresholds that changed from 1 Jul 2011. New Transition to Retirement calculator. Improvements to the user interface for ease of use and quicker calculations.

22 Mar 2011

Update of Plansoft Rates and Plansoft Calculator for Centrelink, Family Assistance Office and DVA rates and thresholds that changed from 20 Mar 2011.

31 Jan 2011

New web tax calculator for financial year 2012 which includes Flood Levy calculations (pending legislation).

19 Jan 2011

Update of Plansoft Rates and Plansoft Calculator for Centrelink and DVA rates and thresholds that changed from 1 Jan 2011.

30 Dec 2010

New web based simple tax calculator handy for basic and really quick calculations not requiring a software installation. Free Web Calculators

22 Nov 2010

Update of Plansoft Calculator includes new features and calculators. Added a Leasing or Hire Purchase calculator, Financial Investments calculator which can be used to determine the affect of deeming of financial investments on the age pension. Home Edition now includes superannuation calculators.

Update of Plansoft Rates includes tables for Average Weekly Ordinary Time Earnings (AWOTE), Consumer Price Index (CPI), Life Expectancy, Pension Factors and Pension Valuation Factors (PVF).

Nov 2010

Update of Plansoft Calculator includes new features and calculators. Added a Leasing or Hire Purchase calculator, Financial Investments calculator which can be used to determine the affect of deeming of financial investments on the age pension. Home Edition now includes superannuation calculators.

Update of Plansoft Rates includes tables for Average Weekly Ordinary Time Earnings (AWOTE), Consumer Price Index (CPI), Life Expectancy, Pension Factors and Pension Valuation Factors (PVF).

Sep 2010

Update of Plansoft Calculator includes the latest government rates and thresholds as well as new features and calculators. Added a Capital Gains calculator.

July 2010

Update of Plansoft Calculator includes the latest government rates and thresholds. Also includes new features such as Short Tax Pack format and Personal Tax Summary screen.

May 2010

Update of Plansoft Calculator includes new Retirement Income calculator, new Rent Assistance calculations and additional Life Expectancy tables.

April 2010

Update of Plansoft Calculator includes new Personal Summary fact find form, new Salary Sacrifice and Superannuation calculators.

Mar 2010

Update of Plansoft Calculator includes the latest government rates and thresholds. Also includes new features such as showing clients in Card View, Senior Australian Tax Offsets calculations, Fortnightly columns to Personal Tax Summary, Financial Investments, Deeming and Pension Supplement in Centrelink calculations

February 2010

Update of Plansoft Calculator includes new Dept of Veteran Affair's calculations, new Tax on Taxable Income screen.

November 2009

Official release of the Plansoft Calculator. Represents the first step in our long term objective of providing affordable financial planning software to individuals and advisers who would like to better their own financial situations or those of their clients.

June 2009

Beta release of Plansoft Calculator.