| Exemption | Description |
|---|---|
| 1 | Savings end balance is 0 |
| 2 | If savings ratio <= Min saving ratio |
| 3 | Is savings buffer <= min required balance |
| 4 | Is highest total return <= lowest available interest rate |
| 5 | Margin lending not in scope |
| 6 | Property investment not in scope |
| 7 | Insufficient capital to meet property deposit |
| 8 | Exposure to property investment over acceptable limits |
| 9 | Exposure to equities over acceptable limits |
| 10 | Other assets have a higher potential leverage ratio |
| 11 | Assets with higher after-tax returns are already at limits due to risk profile constraints |
| 12 | Strategy settings don’t enable the purchase of assets with a higher after-tax return |
| 13 | Invested entity has exposure to asset class not available in lowest tax bracket entity |
| 14 | Invested entity has access to more leverage on recommended asset |
| 15 | Already at Max LVR limit constrained by risk profile |
| 16 | Is savings buffer <= min required |
| 17 | If holding has Unrealised Capital Gains |
| 18 | Asset was not made available to be sold by the adviser |
| 19 | No entity has a taxable income of greater than 2nd tax bracket (e.g. $37,000) |
| 20 | Contribute to super settings in adviser assumptions are disabled as retirement is too far away |
| 21 | Contribute to super strategy settings are disabled |
| 22 | Concessional contribution caps have already reached their limit |
| 23 | Unused concessional caps where absorbed further into the model |
| 24 | If after tax cost of debt is >= super growth rate + uncertainty tax |
| 25 | Super contribution caps are already exhausted |
| 26 | Opportunity cost comparison performed. If NPV of renting is > than buying this rule can be breached. |
| 27 | Renting is listed as an objective |
| 28 | TBC cap has been reached |
| 29 | Partner is in receipt of age pension, and you are not age pension age yet. |
| 30 | Taxable income is <= second tax bracket (e.g. 37,000) |
| 31 | No UNP available |
| 32 | Low rate threshold has been exhausted |
| 33 | If deemed amount is <= payment (on new pension) minus deductible on old pension) |
| 34 | If asset test is dominant test |
| 35 | No age pension entitlement |
| 36 | Not eligible to purchase insurance bond due to settings |
| 37 | If available asset purchases have lower expected growth rate than opportunities elsewhere |
| 38 | If we have reached maximum exposure to equities |
| 39 | Unable to purchase assets within the insurance bond due to risk profile constraints |
| 40 | Insufficient capital to pay RAD |
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