Children under 18 pay high rates of tax on unearned income. Their tax rate is generally a flat 45% if they earn more than $1,307 per year (as of...
With bare trusts it is the beneficiary that is taxed on any capital gains. The beneficiary is absolutely entitled to the asset with the trustee...
Minor children have different tax rates to adults for income that is passive – such as investment income or income received from a trust. Minor...
Hi All, I know you can arrange for a Deed of Debt Forgiveness for adult beneficiaries to remove Unpaid Present Entitlement. (remove the liability...
If separated parents agreed that the family home (in name of only one parent) is to be transferred to a trust (presumably fixed) with only the...
Hi I'm looking at investing my daughter's earnings into a managed fund. Looking at the ATOs website, the income would be excepted as they are...
Tax Tip 169: Minor Children and the Main Residence Exemption for CGT A minor child is able to own property. See Legal Tip 171: Can Minor...
Buying a home for your children will push up prices, say experts - realestate.com.au The strategy seems logical at first glance. However the...
One strategy that doesnt get much airtime on PC that can be used by wealthy is to buy property in the name/s of children. Its something that must...
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