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What if a tradie paid his wife a fair
wage? It leaves the family $4,683 a year
better off. Here is where it comes from.

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Mick is a sole trader. His wife Tash does
the books, quotes and diary, unpaid.

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Here is Mick's family in the tool.

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Mick's business takes in $120,000 and
spends $40,000: a profit of $80,000.

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Two kids. One is from an earlier
relationship, so Mick pays child support.

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Now Tash goes on the books at $30,000,
plus 12% super.

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Mick's profit falls to $46,400: the
$30,000 wage and $3,600 of super come out
of it.

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His tax and Medicare levy fall by $11,056.

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The child support he pays falls $2,375.

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Tash goes from nil tax to $1,269 of tax
and Medicare levy.

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Family Tax Benefit Part B stops: $3,646,
because Tash now has income.

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The family keeps $4,683 a year more. Tash
also gets $3,600 of super.

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This assumes the wage is fair for the work
Tash actually does.

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Try it with your own numbers:
nim.exactify.com.au