AVZ 0.00% 78.0¢ avz minerals limited

Pick me!! (holds hand high up) that's the issue. You can...

  1. 3,294 Posts.
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    Pick me!! (holds hand high up)

    that's the issue. You can distribute income many ways without a trust and using children with this unearned personal exertion income only gives them $412 a year tax free before they pay a MTR of 66% plus MCL and then drop down to the Highest MTR for an adult plus MCL. This year trust are being targeted as I understand but an accountant may well know more on who more audits are targeted for, and with all this awesome funding aimed to capture those fiddling a little too much.
    "As long as my wife actually knows where my office is located, then I could pay her a bonus on top of the awesome wage she is receiving and essentially receive an outcome as if in partnership or income splitting"
    I struggle with complicating it more than that. Im sure many would disagree. But I also value simplicity
 
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