Another way of bypassing the enormous tax rate on children's investment income is to put it direct into their super. Apparently you can open a super fund for kids and get them a TFN. And the admin costs are tiny (just normal super costs) compared to trusts... This super fund was at seniors festival last month https://www.studentsuper.com.au/golden-goose-gifting/
Another way of bypassing the enormous tax rate on children's...
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