Calculation of Statutory Deposits

The following statutory deposit calculators may not apply to all circumstances. If you are unable to use the calculator a manual calculator is also available. You should refer to notes relating to statutory deposits and review the calculation based on this. For example the calculator has not been designed to handle two bank accounts and any firm with two bank accounts will need to manually calculate the deposit using the notes on the website.
If you need assistance with the calculator please telephone the Trust Accounts Department (02) 9926 0337.

1. New General Trust Accounts
Use this option if the general trust account was opened during the previous applicable period and no statutory deposit was held during that period.
More information.

2. Continuing General Trust Account where No Statutory Deposit Held
Use this option if the general trust account has been open for some time and the law practice has not held a statutory deposit during the previous applicable period.
More information.

3. Continuing General Trust Account where Statutory Deposit Held
Use this option if the general trust account has been open for some time and the law practice held a statutory deposit during the previous applicable period.
More information.

4. Withdrawal from Statutory Deposit
Refer to this Section for a withdrawal from the statutory deposit.
More information.

 
5. Recalculation of Statutory Deposit After Withdrawal
Use this option for the recalculation and adjustment of the statutory deposit after a withdrawal from the statutory deposit is made.
More information.