Body corporate fees calculator

Two pieces of paper are enough: the levy schedule from your AGM papers, which carries the rates per unit of entitlement for each period and the discount, and your latest levy notice, which carries your lot number and its entitlements. Type the figures from them (reading a photo of each is on its way), confirm them, and it shows what your lot pays per period and per week, before and after the discount, with the working. Free, no account, and it keeps nothing.

  1. 1. Name the scheme. Building and CTS number.
  2. 2. Give it the figures. From the documents, or typed.
  3. 3. Confirm and calculate. Every figure is checked by you first.
Informational only. This calculator is arithmetic over the figures you confirm and is not financial, legal or accounting advice, nor a statement of what you owe. The levy notice issued by your body corporate and the budget adopted at the general meeting are the authoritative documents.

Step 1

The scheme

The building and its community titles scheme number, as printed on the levy notice.

Step 2

The documents

A photo or PDF of the AGM levy schedule and of your latest levy notice, either or both, in any order. The calculator works out which is which and reads the rates, the discount, the lot number and the entitlements. What it cannot read, you type in step 3.

Reading a photo of your schedule or notice is coming. Until then, type the figures from your documents in step 3, or load the sample documents to see how the calculator works.

No documents: type the figures instead

Step 3

Confirm the figures

A misread rate is a wrong bill, so nothing is calculated until you have looked at every figure. Anything the documents did not carry is a plain field to type.

Your lot

Both numbers are on your levy notice and on the schedule of lot entitlements in the community management statement. They are often the same for a lot, but not always.

The schedule

How your AGM schedule states the contributions:
IncludePeriodStartEndDueAdmin $ per contribution entitlementSinking $ per contribution entitlementInsurance $ per interest entitlementRemove

Untick a period to leave it out. The weekly figure needs the start and end dates; the due date is shown for reference.

The discount

Insurance is never discounted. The scope is whatever your schedule says; in Queensland it is normally the administrative and sinking funds.

All arithmetic happens in your browser. Nothing you enter is sent anywhere.

Questions owners ask

What are units of entitlement?
Every lot in a Queensland community titles scheme carries two numbers on the schedule of lot entitlements: a contribution schedule lot entitlement and an interest schedule lot entitlement. Contribution entitlements decide each lot's share of the administrative and sinking fund contributions. Interest entitlements decide each lot's share of insurance and of the common property if the scheme is ever wound up. The two numbers are often the same for a lot, but not always, and the calculator keeps them separate.
Why are there two funds, administrative and sinking?
The administrative fund pays the running costs of the scheme for the year: management, cleaning, gardening, utilities on common property and the like. The sinking fund is put aside for capital work, such as painting, lifts, roofs and plant, over the life of the building. The body corporate adopts a budget for each fund at the annual general meeting and levies contributions to each, so a levy notice shows an administrative line and a sinking line and the calculator works them out separately.
Is the insurance contribution discounted?
No. Where a scheme resolves a discount for contributions paid by the due date, the discount applies to the administrative and sinking fund contributions. The insurance contribution is levied on the interest schedule lot entitlements and is not discounted. The calculator applies the discount only to the funds your own schedule says it covers, and never to insurance.
Why does the weekly figure differ from what I expected from the notice?
A levy notice is for a period, usually a quarter or a half year. The calculator divides the period total by the number of weeks the period actually runs, counted from its start and end dates, so a quarter of 92 days is 13 weeks and a half year is 26. It does not assume every quarter is exactly 13 weeks, and it shows the figure before and after the discount so the two do not get mixed up.
Is this financial advice?
No. The calculator is a free, informational tool. It is arithmetic over the figures you confirm, shown with its working. It is not financial, legal or accounting advice and it is not a statement of what you owe. The levy notice issued by your body corporate and the budget adopted at the general meeting are the authoritative documents.

Every figure here follows the Body Corporate and Community Management Act 1997 (Queensland) and the practice of Queensland schemes. If your scheme is in another state the funds and entitlements go by other names and the discount rules differ; the arithmetic still holds if you type your own figures.

Informational only. This calculator is arithmetic over the figures you confirm and is not financial, legal or accounting advice, nor a statement of what you owe. The levy notice issued by your body corporate and the budget adopted at the general meeting are the authoritative documents. A misread rate, a wrong entitlement or a schedule from another year gives a wrong figure, and you are responsible for the figures you confirmed. Do not rely on it for a settlement, a sale, a dispute or a payment plan without checking against the body corporate's own documents. See the terms.

The calculator keeps nothing: the figures you type stay in your browser, and nothing is sent to Hightower or anyone else. See the privacy page for what changes if you later choose to have a copy emailed to you.