@iamjameswrigley: We don’t have a gift tax in Australia but you need to be aware of how gifts impact any Centrelink benefits #money #family #pension #retirement

James Wrigley
James Wrigley
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Region: AU
Wednesday 07 October 2026 09:19:12 GMT
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007blabla
BlaBla007 :
What about crypto?
2026-10-07 11:30:15
0
.hulkysmash
Shane 🏳️‍🌈🇭🇲 :
does the money transfer have to say gift
2026-10-07 11:19:11
1
tiktokpikpok1
Tiktokpikpok :
Don’t worry next budget there will be a gift tax 😂
2026-10-07 13:06:53
0
swoosieb
Sue 🇦🇺🇩🇪 :
What if I buy a house in my name and then a few years later add my husband to the title? Will that incur a tax?
2026-10-07 12:02:20
0
fi_maree
Fi 🇦🇺 :
What if you gift money outside of Australia?
2026-10-07 09:30:13
0
anto_the_original
anto_the_original :
My mother has a bit of money but also isn’t well. Upon her death and my inheritance will her money be taxed given to me? Because if we can get her to gift it now you’re saying there isn’t any tax on any amount?
2026-10-07 10:02:30
0
hello1234066
user2951299661604 :
You should be able to gift your children any amount of money, even after the sale of the family home, we pay enough tax throughout our lives, it’s absolutely disgraceful
2026-10-07 09:35:47
6
muellero24686
Suzanne Muellero :
But if you about to get pension, that cash still treated as your asset for the income tested?
2026-10-07 11:27:21
1
quinn1958
Steve 🇦🇺 :
How is that fair?
2026-10-07 14:29:45
0
kellic1968
kell68 :
What if you gift it prior to going on Centrelink?
2026-10-07 10:04:47
0
lifeisnotacompetition
Lifeisnotacompetition :
Hang on so if I gift my son some of a inheritance of cash he uses that for a deposit for home .. not a wage for himself like Centrelink is treating it then for 5 years they won’t let him claim austudy while he does his degree because of one lump
2026-10-07 09:37:16
0
dffyzn
dffyzn :
dont tell Albo/Chalmers...they'll fix it
2026-10-07 11:58:47
0
hamzakhorrd
hamzakhorrd :
so is the cash gift is taxed
2026-10-07 13:17:03
0
ppanospoutsos
Maria Klanno :
interesting
2026-10-07 11:08:10
0
willowbudflowers
Willow Bud :
Don’t give the government ideas 😆
2026-10-07 10:02:09
0
gradybrian1
Andrew McDonough :
Shhhhh
2026-10-07 10:41:43
0
craigmarkham
CM 🏀🧬⛳️ :
I remember Alan bond gifted his son about 400 million and then declared bankruptcy and the investors lost everything and he went to jail
2026-10-07 13:12:07
0
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