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I think well publicised cases of children suing for not getting...

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dan1

18,774 Posts.

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26/07/23

11:50

Post #: 68988109
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Originally posted by boomeronrations: ↑

Hi,
I suppose we might have to differ on the definition of '' minor '' income splitting .

With a spouse , a couple of kids at uni , mother/grandmother on a low income , and a golden retriever named Gerald , savings for a top bracket tax payer not exactly minor in my view.
Then , just as you think it is safe and they have all gone away , the bloody grandchildren turn 18.

cheers

For those who felt the need last time I mentioned the dog in this context, to point out that the dog didn't get any concessions , you tell him.

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I think well publicised cases of children suing for not getting the funds that the supposedly had distributed to them stopped a lot of that as well as applying the minors tax rates
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