Deeming is the set of rules used to determine the income earned from financial assets.

We include any deemed income under the income test.

From 20 September 2025 deeming rates will increase. You don’t need to do anything.

We’ll automatically apply the new deeming rates if you have deemed income.

The lower deeming rate will increase from 0.25% to 0.75%.

The upper deeming rate will increase from 2.25% to 2.75%.

Find out more about deeming.