@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
Don’t worry next budget there will be a gift tax 😂
2026-10-07 13:06:53
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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
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Fi 🇦🇺 :
What if you gift money outside of Australia?
2026-10-07 09:30:13
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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
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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
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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
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Steve 🇦🇺 :
How is that fair?
2026-10-07 14:29:45
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kell68 :
What if you gift it prior to going on Centrelink?
2026-10-07 10:04:47
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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
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dffyzn :
dont tell Albo/Chalmers...they'll fix it
2026-10-07 11:58:47
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hamzakhorrd :
so is the cash gift is taxed
2026-10-07 13:17:03
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Maria Klanno :
interesting
2026-10-07 11:08:10
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Willow Bud :
Don’t give the government ideas 😆
2026-10-07 10:02:09
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Andrew McDonough :
Shhhhh
2026-10-07 10:41:43
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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
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