Inheritance tax?

Discussion in 'Accounting & Tax' started by JacM, 10th Feb, 2017.

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  1. JacM

    JacM VIC Buyer's Agent - Melbourne, Geelong, Ballarat Business Member

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    JacM, 10th Feb, 2017
    #1
  2. KateAshmor

    KateAshmor Victorian Conveyancing Lawyer Business Member

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    A lawyers and accountants' picnic! :D

    Don't think so: testamentary trust structures would probably get around it.
     
    KateAshmor, 10th Feb, 2017
    #2
  3. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

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    What I read was 'tax the 1% when they die' and then 'give the money to first home buyers as a deposit'. It's supposed to make housing more affordable.

    Not sure how it makes housing more affordable, it's more likely to increase house prices. That's assuming the money does actually makes it to the FHBs. The 1% all over the world have also proven to be very good at avoiding paying these sorts of taxes.
     
    Peter_Tersteeg, 10th Feb, 2017
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  4. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    I think there is another thread on this already
     
    Terry_w, 10th Feb, 2017
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