20/10/2025
Ready to use FHSS for your home deposit? Here’s how to make it happen, step by step:
1. Make voluntary contributions (salary sacrifice or after-tax) into your super.
2. Request an FHSS determination via myGov, this tells you your eligible withdrawal amount.
3. Submit a release request to the ATO. Your super fund & ATO work together to process.
4. Funds are paid, tax withheld, and balance deposited to your bank.
5. Sign a contract (or begin construction) within 12 months (or apply for extension) to use the funds.
⚠️ If you don’t use it in time, you may need to recontribute or pay FHSS tax (20%) on assessable amount.
DM me to walk through your own application or check your eligibility.
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Sources: Australian Taxation Office – Applying to withdraw your FHSS amount