tax advice, page-7

  1. 79 Posts.
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    From my limited understanding, to get around the 80/20 rule is as simple as making an arrangement with another company to invoice on your behalf for over 20 percent, then you invoice on their behalf to repay them. That way both parties are receiving over 20% from a second source and can satisfy the 80/20 rule.

    Does the ATO have any rules against doing this?

    What issue could I come up against during the second year?

    Can my company then pay or loan money into a family trust which then divide the money to kids, wife etc.?
 
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