Good idea for missus to own the shares, utilize their threshold and this would keep them happy too, esp now that we are marching forward.
Kids under 18 can't help Much with your tax bill, their tax free threshold is only $416 each, unless it's their own 'working' income. Nevertheless if you want to utilize their $416 threshold this can done by a distribution from a family trust structure.
Nz and aus signed double tax treaty.. they can review your foreign income up to 4 years from the date you receive your notice of assessment for the relevant year..
DYOR.
tng chart..., page-1075
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