advise on paying out mortgage, page-14

  1. milesg
    11,223 Posts.
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    12/06/07
    14:13
    Post #: 2529840
    Gifts to dependants are taxable if over $10.000 in any one year.?????

    Not under Aust tax law they are not

    I think you maybe getting confused between the amount a person can gift away without affecting their pension and something being taxable
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